Unqualified pharmacists up on latest trends in business (10)

I believe the answer is:

dealership

I'm a little stuck... Click here to teach me more about this clue!

'unqualified pharmacists up' is the definition.
I can't judge whether this defines the answer.

'on latest trends in business' is the wordplay.
'on' says to put letters next to each other.
'latest' says to take the final letters (I've seen 'latest of' mean this).
'in' becomes 'hip' (both can mean fashionable).
'business' becomes 'dealer' (dealer is a kind of business).
The last letter of 'trends' is 's'.
's'+'hip'='ship'
'ship' after 'dealer' is 'DEALERSHIP'.

Can you help me to learn more?

(Other definitions for dealership that I've seen before include "Franchise to sell for a company" , "Car sales outlet" , "commercial entity" , "Car franchise" , "car showroom?" .)

I've seen this clue in The Times and The Sunday Times.

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