Trade Association and Other Enterprises

Commerce SSS2 First Term

WEEK  9

Trade Association and Other Enterprises

Performance Objectives

The student should be able to:

     1. Define and give examples of a trade association.

     2. Identify the aims of a trade association.

     3. State the functions of a trade association.

Content

Meaning of trade association

Trade association is a voluntary body formed by members of a particular branch of trade or industry to represent the interests of members. It can also be an organization of businessmen, engaged in one line of business or who have a common interest in order to protect their common interest. Examples are manufacturers association, transport owners association, bar association, private medical practitioners association, private school proprietors association, etc.

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