Examlex
All of the following are IMC objectives except
Business Firms
Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits.
Production Possibilities Frontier
A graphical representation showing the maximum amount of two goods or services that can be produced within a given set of resources.
Recession
A brief spell of economic backslide, with a noted reduction in commerce and industrial production, usually spotted by a fallen GDP in two consecutive quarters.
Employment
A relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.
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