A trade association, also known as an industry trade group, business association or sector association, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association participates in public relations activities such as advertising, education, political donations, lobbying and publishing, but its main focus is collaboration between companies, or standardization. Associations may offer other services, such as producing conferences, networking or charitable events or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members.
In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also have a role in the social dialogue.
Read more about Trade Association: Political Influence, Publishing, Generic Advertising, Controversy, U.S. National Trade Associations, European Trade Associations, East Asian Trade Associations, Indian Trade Associations, Canadian Trade Associations, UK Trade Associations, International Trade Associations, Copyright Trade Groups
Famous quotes containing the words trade and/or association:
“Literature flourishes best when it is half a trade and half an art.”
—W.R. (William Ralph)
“In this great association we know no North, no South, no East, no West. This has been our pride for all these years. We have no political party. We never have inquired what anybody’s religion is. All we ever have asked is simply, “Do you believe in perfect equality for women?” This is the one article in our creed.”
—Susan B. Anthony (1820–1906)