What is organization founded by a businesses in specific industry for the purpose of collaboration between companies?

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1123110

2026-05-02 03:46

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An organization founded by businesses in a specific industry for the purpose of collaboration between companies is often referred to as an industry association or trade association. These organizations aim to promote the interests of their members, facilitate networking, share best practices, and advocate for policies that benefit the industry as a whole. Examples include the National Retail Federation (NRF) and the American Medical Association (AMA).

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