The website has the complete lesson note for all the subjects in secondary school but this piece showcases the SS2 Commerce Lesson Note on Trade Associations and other Enterprises. You can use the website search button to filter out the subject of interest to you.
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TOPIC: Trade Associations and other Enterprises
CONTENTS:
- Trade Associations – Aims, Functions
- Chamber of Commerce: Aims, Functions and structure
Sub-Topic 1: Trade Associations – Aims, Functions
Meaning of Trade Association
Trade association is an association of traders or producer, firms or companies or professionals who deal on the same line of trade or business in order to protect and develop their common interest in order to protect and develop their common interest.
The following are examples of trade association
- Garri Dealers Association
- Yam Dealers Association Dealers
- Motorcycle Dealers Association
- Bicycle Spare Parts Dealers Association
- National Association of Road Transport Workers
- Manufacturers Association of Nigeria
- Nigerian Medical Association
- Nigerian Bar Association.
- National Union of Teachers
AIMS AND OBJECTIVES OF TRADE ASSOCIATIONÂ
The aims and objectives of trade associations include the following:
- To maintain professional ethics of their line of trade
- To ensure that members provide good quality services
- To create uniformity in the way their members deal with people.
- To supply members with information about developments in their line of trade
- To promote trade in a particular line of business
- To as a pressure group in order to influence some government policies
- To defend and advance the interest of members
- To assist members who are in need etc.
Functions of Trade Associations
- They fix prices for their services or products
- They disseminate information to members
- They put political pressure on government for the interest of members
- The settle disputes among members
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