MANAGEMENT

Detailed explanation-1: -A chamber of commerce is an organization of business owners and entrepreneurs who promote the interests of their local business community. Chambers of commerce provide access to valuable resources, discounts, and relationships that help businesses save money and market their products.

Detailed explanation-2: -There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC.

Detailed explanation-3: -A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community.

Detailed explanation-4: -(i) They disseminate information to members. (ii) They fix prices for their services or products. (iii) They put political pressure on government for the interest of their members. (iv) They settle disputes among members.