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Subject: RE: Tags and semantics ( was Dotted Names)
Philip Goatly: > What I would regard as a business transaction involves the following: > 1. Seller > 2. Buyer > 3. Something Sold ( lets call it Goods/Services) > 4. Payment >When the Seller owns the payment and the Buyer owns the Goods/Services then >the 'Transaction' is complete. From a physical and legal point of view. I agree, and so does the Open-EDI model, but ebXML BP has chosen to use the name "Business Transaction" to designate what UN/CEFACT UMM used to call "commercial transaction", which is pretty much the same as the RosettaNet transaction model: an atomic of unit of work in a B2B-ecommerce context, basically a request-response interaction with some accompanying rules for lower-level business signals, timeouts, etc. so the buyer and seller can be reasonably sure that they have a legally binding agreement. The name was not my choice, however, that is what ebXML BP means by "Business Transaction" when capitalized. The whole business transaction from your point of view (and mine) might be modeled as a Business Collaboration in ebXML, which is a group of Business Transactions. >So I don't believe that International trade can be modelled as a series of >accounting entries and I am not sure how one would identify the individual >'business transactions' as defined by ebXML. It's not difficult to identify the ebXML Business Transactions. Basically, each of the business documents sent between the parties to the larger Business Collaboration would be sent inside a Business Transaction, either as a Requesting or Responding document. The point is not that everything is an accounting entry. Some transactions result in legal commitments or legal or accounting events (changes of ownership). Some don't. Business people and systems need to know the difference. >Is it not fair to say that the whole 'trade chain' constitues the >Transaction which may be broken down into a number of business activities ? Depends on the definition of "transaction": in ebXML-BP, the whole trade chain might be modeled as a Business Collaboration, and each activity would be a Business Transaction. I am not trying to convince you of the correctness of the names, only to explain as best I can what ebXML-BP means by them. Regards, Bob Haugen
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