QUIZZES ON TRADE ASSOCIATIONS

The main motive of chambers of commerce and trade association is to?

Assist governemnt in achieving its objective

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Protect the interest of consumers

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Maximize profit

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Protect and promote the interests of members

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Manufacturers’ Association of Nigeria contributes to development by advising the government on?

Industrial policy and harmony

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Budget and budgetary control

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Budget and industrial control

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Environmental protection policy

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The association that comprises all types of businesses is referred to as?

Chamber of commerce

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Trust

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Trade association

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Cartel

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A trade association consists of members engaged in the same trade while a chamber of commerce is?

Highly regulated by agovernent agency

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Not restricted on a particular industry

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Made up of members that are registered

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Made up of firms in the banking industry

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The difference between a chamber of commerce and a trade association is that the former

Is not restricted to a particular industry

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Is a branch of trade that sells product

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Consists of members engaged in the same trade

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Are association of individuals or firms

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The main objective of a trade association can best be described as promoting and protecting

The products

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Common interest

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The market

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Customer's interest

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The primary objectives of a trade association is to

Undertake researchwork on behalf of members

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Establish easy link with government

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Exchange information and negotiate as a preasure group

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Operat as a group against other groups

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A chamber of commerce is an association made up of

Enterpreneurs

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Manufacturers

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Merchants

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Importers

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Which of the following is an example of trade associations?

European Union

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National Marketing Board

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Organization of African Unity

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National Farmers' Council

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QUIZZES ON TRADE ASSOCIATIONS

QUIZZES ON TRADE ASSOCIATIONS

Thomas Bamidele April 5, 2024

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