What Are The Forms Of Combination In Business?

If ownership is basis for combination it is called form of combinations. Following are various forms of combinations.
Trade Association:
It is voluntary association of traders, merchants and industrialists, who belongs to particular trade and industry.
Chamber of Commerce:
It is association of merchants, trade businessmen and financers, industrialists who work for the benefits of the commercial community of a particular district or city.
Association of Firms:
Association of firms is dealing in same line to regulate demand and supply of product. The entity of firm remains separate.

Cartels:
It is association of producers of same industry. They want to create monopoly.
Trust:
In this form of business combination, the shareholders transfer controlling share to the board of trustees and get trust certificates.
Rings:
Members in a ring fix a quota for production and cannot produce more than quota.
Holding and Subsidiary Company:
This form is used for owning and controlling of business. In this form, one company holds the securities of other company. It is called a holding company. The company whose shares are held is called subsidiary company. Generally both companies are engaged in similar nature of business.
Merger:
When Joint Stock Company take over complete owner ship of one or more than on business units, it is called merger.