(a).Give five examples of trade associations. (b) Outline any three functions of the Employers' Association. (c) What are the objectives of the Lake Chad Ba...

Assessment: WAEC SSCE - Commerce - 1993 (Essay) Subject: Commerce

Question 1 Report

(a).Give five examples of trade associations.

(b) Outline any three functions of the Employers' Association.

(c) What are the objectives of the Lake Chad Basin Commission? 

Answer Details

(a) Five examples of trade associations

  1. Chamber of Commerce (and Industry).
  2. Manufacturers Association of Nigeria (Employers' / Manufacturers' Association).
  3. Trade (Labour) Unions such as the Nigeria Labour Congress.
  4. Professional associations such as the Institute of Chartered Accountants.
  5. Consumer protection associations.

Other examples include road transport owners' associations and market traders' associations.

(b) Three functions of the Employers' Association

  1. It negotiates with trade unions on behalf of its member employers on matters of wages and conditions of service.
  2. It protects and promotes the common interests of employers and presents their views to government.
  3. It settles disputes and advises members on labour relations and industrial matters.

(c) Objectives of the Lake Chad Basin Commission

  1. To regulate and control the use of the water and other natural resources of the Lake Chad basin among member states for their common benefit.
  2. To promote and coordinate development projects such as agriculture, fishing, irrigation and livestock in the basin.
  3. To settle disputes and promote cooperation among the member countries (Nigeria, Niger, Chad and Cameroon, with the Central African Republic joining later) in the shared use of the basin.

It also aims to prevent pollution and conserve the environment of the basin.

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