Business Agreement

A Business Agreement is a consensual agreement between businesses (to establish business relationships and mutual obligations).

• AKA: Business Arrangement, Commercial Agreement, Inter-Business Agreement.
• Context:
  • They can (typically) have Mutual Business Understanding through shared business expectations and common intent.
  • They can (typically) establish Business Relationships through business party agreement and joint commitment.
  • They can (typically) define Business Value Exchange through mutual business benefits...
  • They can (typically) specify Agreement Terms through condition setting and scope definition.
  • They can (often) include Risk Distribution through responsibility allocation and obligation sharing.
  • They can (often) outline Performance Expectations through delivery standards and quality requirements.
  • They can (often) provide Agreement Structure through relationship framework and interaction patterns.
  • ...
  • They can range from being a Formal Business Agreement to being an Informal Business Agreement, depending on their formalization level.
  • They can range from being a Simple Business Agreement to being a Complex Business Agreement, depending on their relationship complexity.
  • They can range from being a Discrete Business Agreement to being a Relational Business Agreement, depending on their interaction depth.
  • They can range from being an Explicit Business Agreement to being an Implicit Business Agreement, depending on their expression mode.
  • They can range from being a Fixed Business Agreement to being an Evolving Business Agreement, depending on their adaptation nature.
  • ...
• Examples:
  • Business Explicit Agreements, such as:
    • Business Written Contracts documenting business terms and business obligations.
    • Business Service Agreements defining business performance standards and service expectations.
    • Business Partnership Documents establishing business collaboration terms and shared responsibility.
  • Business Implicit Agreements, such as:
    • Business Practice Agreements following business customs and trade usage.
    • Business Informal Arrangements based on business trust and business relationships.
    • Business Operating Understandings through business interaction and common practice.
  • Business Hybrid Agreements, such as:
    • Business Framework Agreements combining formal business terms with flexible arrangements.
    • Business Relationship Agreements mixing written business provisions and trust-based practices.
    • Business Alliance Structures incorporating formal business commitments and informal cooperation.
  • ...
• Counter-Examples:
  • Personal Agreements between individuals for non-business purposes.
  • Social Agreements focusing on community interactions rather than business relationships.
  • Employment Agreements between employers and employees.
  • Consumer Agreements between businesses and individual customers.
  • Government Agreements involving public entities and official purposes.
• See: Agreement, Business Relationship, Mutual Understanding, Commercial Practice, Business Custom, Trade Usage, Business Obligation.

---

---