Organizational Transaction
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An Organizational Transaction is a transaction that takes place in an organization.
- Context:
- It can range from being an Organizational Financial Transaction to being an Organizational Service Transaction, depending on whether it involves a monetary exchange or a service-oriented exchange.
- It can range from being an Internal Organizational Transaction to being an External Organizational Transaction, depending on whether it occurs within the same organization or involves external entities.
- It can range from being a Routine Organizational Transaction to being a Strategic Organizational Transaction, depending on whether it is a regular, operational activity or a significant, long-term decision like a merger or partnership.
- It can range from being a One-Time Organizational Transaction to being a Recurring Organizational Transaction, depending on the frequency with which it occurs within organizational operations.
- It can range from being an Organizational Contractual Transaction to being an Organizational Informal Transaction, depending on whether the transaction is legally binding or operates under less formal arrangements.
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- Example(s):
- a Business Transaction involving a sale or purchase agreement.
- an NGO Transaction involving the allocation of donor funds or resources to a community project.
- a Partnership Transaction where two organizations collaborate for mutual benefit, such as an Organizational Research Partnership or a Joint-Venture Agreement.
- a Grant Transaction where a funding agency provides financial support to a recipient organization, as seen in transactions from the National Science Foundation or Ford Foundation.
- an Organizational Licensing Transaction where one organization licenses its technology or intellectual property to another, like Microsoft's Licensing Agreement or the IBM Red Hat Partnership.
- an Organizational Real Estate Transaction for purchasing or leasing property, as in corporate office space leasing or campus development acquisitions.
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- Counter-Example(s):
- an Information System Transaction, which involves data processing within an IT system and is not a formal organizational exchange.
- a Personal Transaction, such as a private purchase by an individual that is not associated with organizational objectives.
- See: Business, Agreement, Business Transaction Record, Economic Transaction