SS2 First Term Commerce Lesson Note – Trade Associations and Other Enterprises

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WEEK 3

SUBJECT: Commerce

Class: SS2

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

1. Garri Dealers Association
2. Yam Dealers Association Dealers
3. Motorcycle Dealers Association
4. Bicycle Spare Parts Dealers Association
5. National Association of Road Transport Workers
6. Manufacturers Association of Nigeria

AIMS AND OBJECTIVES OF TRADE ASSOCIATION 

The aims and objectives of trade associations include the following:

1. To maintain professional ethics of their line of trade
2. To ensure that members provide good quality services
3. To create uniformity in the way their members deal with people.

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