Big Data

Modelling Business Transactions from the Value and Collaboration Perspective

Date Added: Apr 2009
Format: PDF

Business collaborations between actors encompass different business objectives, such as making product awareness, buying or selling specific products or goods, providing post-sale services, and so forth. Thereby, a clear identification of required business transactions is vital for modeling complex business collaboration, as well as for their further implementation with IT systems. Although value-oriented approaches are used to model businesses, a question remains about how to systematically identify business transactions and the values exchanged by these transactions.