Objectives and functions of trade and manufacturer's associations - Jamb Commerce Past Questions and Answers

Question 6:

• JAMB 2007

The major function of a trade association is that it?

A. Liases with foreign trade associations
B. Helps to promotes foreign trade
C. Facilitates members' access to credit facilities
D. Helps to promote resarch on behalf of members

Question 7:

• JAMB 2008

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

A. Pressure group
B. Trade association
C. Cultural group
D. Trade union

Question 8:

• JAMB 2012

The main objective of a trade association is to

A. Protect its members against litigation
B. Boost the trade of its members
C. Secure credit for its members
D. Protect its members against victimization

Question 9:

• JAMB 2018

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

A. The product
B. Common interest
C. The market
D. Customer's interest

Question 10:

• JAMB 2021

The main objective of a trade association is to ____________

A. Protect its members against litigation
B. Protect its members against victimization
C. Boost the trade of its members
D. Secure credit for its members