Impact of Educational and Skill Development Training Initiatives on Management Efficiency of Cooperatives in Nepal
Keywords:
training, management, education, CooperativesAbstract
The research discussed the impact of cooperative education and skills development training on the functional performance of cooperative organization. The target population for this study comprised active cooperative societies. To determine, appropriate sample size, from finite populations. Based on this, total sample of 150 respondents was determined to be adequate for the study. Subsequently, a stratified sampling technique was used to select the respondents, ensuring proportional representation of the identified strata and enhancing the representativeness of the sample. This study examines the impact of educational and skill development training initiatives on the management and operational efficiency of cooperatives in Nepal. Descriptive and inferential statistical analyses were employed to achieve the objectives of this study. Descriptive analysis included the calculation of means, standard deviations, frequencies, and percentages to summarize the characteristics of the data. Inferential analysis was conducted using simple regression analysis to examine the relationship between the study variables. The regression results indicate that cooperative perform effectively, as evidenced by a statistically significant result (t = 23.672, p < 0.001), thereby supporting the study’s objective. This shows that cooperative education and skill development training do significantly explain the performance of these enterprises. Proper orientation in cooperative education and skill development training is significant for the growth and development of cooperatives. Financial constraints are relative barriers in accessing training and education.
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