Use the following information to answer the question The yam sellers in Alesinloye trading area...
MARKETING
WAEC 2023
Use the following information to answer the question
The yam sellers in Alesinloye trading area in Kano formed an organization.
What type of organization formed by the yam sellers is a
- A. market union
- B. trade union
- C. trade association
- D. market operator
Correct Answer: C. trade association
Explanation
Based on the given information, the organization formed by the yam sellers in Alesinloye trading area in Kano is most likely a trade association. A trade association is a voluntary organization composed of individuals or businesses in a specific industry or trade. It aims to promote the common interests and welfare of its members and may engage in activities such as advocating for industry-specific issues, providing resources and support to members, and fostering collaboration and networking within the industry.
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