Which term means organization for businessmen?

Which term means organization for businessmen?

• A. The Guild System
• B. Journeyman
• C. Merchant guild
• D. Dean

Answer: (C)

Think of a term that names a formal group formed specifically by those who trade and conduct business. A merchant guild is exactly that—an organized association of merchants and traders that coordinates trade practices, sets standards, and provides mutual support. This focus on businesspeople makes it the best fit for “organization for businessmen.” The broader Guild System describes the whole network of guilds, including craftspeople, not just merchants. A journeyman is a worker who has progressed beyond apprenticeship but isn’t a master, and a dean is an academic or church leader, not a business association.

Think of a term that names a formal group formed specifically by those who trade and conduct business. A merchant guild is exactly that—an organized association of merchants and traders that coordinates trade practices, sets standards, and provides mutual support. This focus on businesspeople makes it the best fit for “organization for businessmen.” The broader Guild System describes the whole network of guilds, including craftspeople, not just merchants. A journeyman is a worker who has progressed beyond apprenticeship but isn’t a master, and a dean is an academic or church leader, not a business association.