Which of the following is a nonprofit organization that promotes the interests of a particular industry?
a business association
a labor union
a professional organization a trade association
Answer:
a trade association is the correct answer.
Explanation:
A trade association is a nonprofit organization that promotes the interests of a particular industry.
Trade association is an organization established and financed by firms that work in a particular industry.
To promote and expand economic and manufacturing opportunities in its field of development and to assert publicly the opinions of members on subjects of the common affair.
Trade associations are for the benefit of developing the business benefits of their members and their purpose is not to earn the profit.
