Which of the following is a feature of a trade association activity?

• A. Market research for members.
• B. Conducting criminal prosecutions.
• C. Issuing building permits.
• D. Regulating professional licenses.

Answer: (A)

Market research for members illustrates how a trade association adds value by gathering and sharing industry data to help members make informed decisions, benchmark performance, and understand market trends. This aligns with an association’s role of supporting members with information and services that benefit the industry as a whole.

The other activities aren’t typical trade association functions: criminal prosecutions are carried out by courts and law enforcement, not by associations; issuing building permits is a municipal government responsibility; regulating professional licenses is handled by government agencies or professional regulatory bodies.