Business transaction

A market transaction (alternatively known as business transaction; hereinafter, the Transaction) is any movement of assets and liabilities between two legal entities. Most of the Transaction are financial transactions; however, financial transactions may also include movements of assets and liabilities within one legal entity.

Nature

The Transaction may have various natures such as:

1. A sale or procurement, lease, assignment, award by chance, any other acquisition or transfer of a market exchangeable;
2. Transmitting of funds over an electronic network or physically.

Types

• Business-to-consumer (B2C). (1) The Transaction of sale and purchase in which a business sells its market exchangeables directly to individual customers and end consumers; (2) A situation in which a business targets individual customers with its market exchangeables.
• Business-to-business (B2B). (2) The Transaction of sale and purchase in which the vendor and consumer are both businesses, not end consumers; (2) A situation in which a business targets other businesses with its market exchangeables.
• Business-to-government (B2G). (1) The Transaction of sale and purchase in which a business sells its market exchangeables to the government; (2) A situation in which a business targets the government with its market exchangeables.
• Business-to-employee (B2E). (1) The Transaction of sale and purchase in which a business sells its market exchangeables directly to its employees; (2) A situation in which a business targets employees with its market exchangeables.

Related lectures

• Business Modeling Quarter.