Glossary (Version 8.4)

A standard of living adequate for the health and wellbeing of a person and his/her family, including food, clothing, housing, medical care, necessary social services, the right to security in the event of unemployment, sickness, disability, widowhood, old age or other lack of livelihood in circumstances beyond his/her control, special care for mothers and children, and social protection for all children.

An organisation, enterprise or business engaged in production and trade of goods or services, usually for profit.

All activity associated with production and trade of goods and services by a business.

Alternate but irregular periods of prosperity and recession in an economy.

Contemporary events or trends that influence a business, industry or market.