Which of the Following Is True About Trade Associations

question 51

Multiple Choice

Which of the following is true about trade associations?

• A) Trade associations provide valuable information about local markets.
• B) The information provided by trade associations is often quite specific in nature.
• C) Trade associations do not maintain files on international trade issues and trends affecting international marketers.
• D) Trade associations provide general background information such as the name of the chief executive officer, the address and telephone number, and some information about a firm's products.

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Definitions:

Commitment

The state or quality of being dedicated to a cause, activity, or job; wholehearted dedication.

Influence Others

The ability to affect or change how other people think, feel, or act through persuasion, leadership, or example.

Organization's Shares

Units of ownership in a company that represent a claim on the company's assets and earnings.

Credibility

The quality of being trusted and believed in, often based on a history of honesty, reliability, and competence.