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Fortnightly Magazine - August 2001
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Douglas Beresford's article on IPOs for rural co-ops is an interesting concept, particularly his identification of five problems facing co-ops today, but the fundamental underpinnings of his argument are weak and his conclusions from a cooperative programmatic standpoint are wrong. In the work conducted by Management Consulting Services over the last six years we have consistently found a number of truths about co-op distribution service that counter Mr. Beresford's article:

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