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Aims and functions of trade associations - SS1 Commerce Past Questions and Answers - page 1

1
What is one of the primary aims of trade associations?
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A

Maximizing individual profits

B

Promoting industry unity

C

Encouraging intense competition

2
Which function of trade associations involves influencing government policies and regulations?
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A
Networking
B
Education and Training
C
advocacy
3
What do trade associations provide to their members?
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A

Legal protection

B

Networking opportunities

C

Tax benefits

4
Which function of trade associations involves setting industry standards and codes of conduct?
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A
Member support
B

Standards and Accreditation

C

Information sharing

5
What is one of the aims of trade associations regarding government policies?
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A

To promote favorable regulations

B

To discourage collaboration among members

C

To minimize industry growth

6
State one primary aim of trade associations.
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7
Name one function of trade associations related to information exchange.
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