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What are the different functions of a public relations (PR)department?
Communism
Economic system in which all property would be shared equally by the people of a community under the direction of a strong central government.
Pure Competition
A market structure characterized by a large number of small firms, a homogeneous product, free entry and exit, and perfect information, leading to firms being price takers.
Tax Exemptions
Deductions from taxable income or specific revenues not subject to taxation, often granted to encourage certain activities or investments.
Patent
Guarantee to an inventor exclusive rights to an invention for 17 years.
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