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The pooling of business information for the benefit of members is a major function of...

Commerce
JAMB 2008

The pooling of business information for the benefit of members is a major function of a?

  • A. pressure group
  • B. trade association
  • C. cultural group
  • D. trade union
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Correct Answer: Option B
Explanation

A trade association is a business association founded and funded by businesses that operate in a specific industry for the benefit of its members and to to promote their common interests.

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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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