Business-to-business financial system Essay Example | Topics and Well Written Essays - 3000 words

Business-to-business pecuniary system - Essay ExampleIn this regard, there ar a lot of things and probability that might come into picture, and more often than not, it is payable to VALUE LOSS caused by INTANGIBILITY. However, this affable of concern doesnt seem to catch the attention of even financial skilleds solely on the basis that majority of them fails to go back into the basics, and that is to search for the appropriate term for the newsworthiness impalpable. Upton III 2007 pointed-out that there ar times where it is desirable to look on intangible as roundabout assets for internal business purposes, whether they are related to taxation or not. For example, determining the appropriate value of an intangible asset (or set of intangible assets) may be prerequisite or useful for corporate planning, establishing royalty rates, inter company withdraw prices or even litigation dispute and resolution (although often this is tied into taxation related reasons).Regardless o f the reason, it is necessary to value intangible assets carefully and appropriatelyThe purpose of the intangible asset valuation is often to understand not only what the intangible asset is (and does) but also how it affects the bottom line. An ethical and conscientious valuation expert will keep this in mind, and will not fall prey to the desire to value an intangible asset in a biased manIn this case, it is in truth important to understand that there are instances that intangible assets particularly with that of a financial one is sometimes the culprit in value red ink of a certain financial or even a business enterprise. It is clear that the more the value that a financial or a business enterprises assets are, the more the stable the business stands. In this case, it is very important to ensure the value of a certain financial asset.Looking into a much complicated picture, defining what intangible asset might create derailment on how value loss is created by intangibility of a financial product. It is an established fact that the major component of a service product is intangible. Upon analyzing this kind of premise, it is not impossible to consider finances as an intangible asset because it is subject to inflation or deflation of a countrys economy. In the case of the aforementioned argument, the place where a financial service industry could set the pace of the businesses financial standing(a) if it is doing well or not. In this kind of consideration, it is understood that monetary standing of a financial service industry is unpredictable day after the other- it is why stock market, along with its components is monitored day after day.However, one cannot fully understand the risk and devaluation of financial service providers with regards to intangibility of monetary asset if b2b is not yet defined. Of course, this kind of system is presently penetrating several or peradventure majority of the world market today. Furthermore, the website searchcio.t echtarget.com (2000) defined it as B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers. Although early interest centered on the growth of retail on the Internet (sometimes called e-tailing), forecasts are that B2B revenue will far exceed business-to-consumers (B2C) revenue in the adjoining future. According to studies published in early 2000, the money volume of B2B exceeds that of e-tailing by 10 to 1. Over the contiguous five years, B2B is expected to have a