Business To Government - B To G

AAA

DEFINITION of 'Business To Government - B To G'

Professional affairs conducted between companies and regional, municipal or federal governing bodies. Business to government typically encompasses the determination and evaluation of government agency needs, the creation and submission of proposals and the completion of the contracted work.

INVESTOPEDIA EXPLAINS 'Business To Government - B To G'

An example of a business to government company is a firm that offers IT consulting services to a government agency. The government uses the B2G arrangement in order to keep its technology up to date and in working condition, while at the same time limiting expenses by not taking on full-time staff who would require benefits.

RELATED TERMS
  1. Government-Wide Acquisition Contract ...

    A contract in which multiple government agencies align their ...
  2. Adhesion Contract

    A contract in which one party has substantially more power than ...
  3. Contract Holder

    An individual or organization who owns the rights to a debt or ...
  4. Business Model

    The plan implemented by a company to generate revenue and make ...
  5. Business To Business - B To B

    A type of commerce transaction that exists between businesses, ...
  6. Business To Consumer - B To C

    Business or transactions conducted directly between a company ...
RELATED FAQS
  1. How is the principle agent problem manifested in the government?

    The principal-agent problem describes challenges that occur when agents and principals have conflicting interests. Democratically ... Read Full Answer >>
  2. Why do supply shocks occur and who do they negatively affect the most?

    The exact nature and cause of supply shocks is imperfectly understood. The most common explanation is that an unexpected ... Read Full Answer >>
  3. What kinds of productivity data does the Bureau of Labor Statistics keep?

    The U.S. Bureau of Labor Statistics (BLS) tracks two primary sets of productivity data for the U.S. economy: labor productivity ... Read Full Answer >>
  4. What role does the government play in capitalism?

    The proper role of government in a capitalist economic system has been hotly debated for centuries. Unlike socialism, communism ... Read Full Answer >>
  5. How are members of the Cost Accounting Standards Board chosen?

    The Cost Accounting Standards Board, or CAS Board, is an independent board in the Office of Federal Procurement Policy. Five ... Read Full Answer >>
  6. How does capitalism work in a mixed economy?

    The standard spectrum of economic systems places laissez-faire capitalism at one extreme and a complete command economy at ... Read Full Answer >>
Related Articles
  1. Active Trading

    FYI On ROI: A Guide To Calculating Return On Investment

    Return on investment is a simple equation that can give you an edge when fine-tuning your portfolio - here's how to use it.
  2. Entrepreneurship

    Getting To Know Business Models

    Learning how to assess business models helps investors identify companies that are the best investments.
  3. Professionals

    The Lucrative World Of Third-Party Marketing

    Hedge funds don't sell themselves. Marketing experts reel in the big fish.
  4. Economics

    The Field So Far: US 2016 Presidential Candidates

    Over the past several months, there has been a lot of speculation as to who will make a run at the Republican and Democratic nominations.
  5. Forex Education

    North Korean Vs. South Korean Economies

    North Korea's economy is defined by its military ambitions and the humanitarian aid it receives, while South Korea is a world economic powerhouse.
  6. Investing

    Can Europe’s QE Be A Stimulus For U.S. Investors?

    Finding value in today’s markets has been difficult, so many investors are turning to opportunities outside of the U.S. But where should they look?
  7. Economics

    Venezuela Teeters On Edge As Oil Revenues Shrink

    Low oil prices have drastically revised the economic status quo -- dealing a destabilizing blow to oil-exporters like Venezuela due to falling oil revenue.
  8. Economics

    What Must The UK Do To Keep North Sea Oil Afloat?

    The UK government may need to take drastic action to ensure the viability of UK North Sea offshore oil production amid high costs and shrinking margins.
  9. Economics

    Analyzing Risks On The Upcoming UK General Elections

    Rising UK political risk keeps investors funds on the sideline.
  10. Economics

    Vladimir Putin: Rise to Power and Fortune

    An article about Vladimir Putin, where he studied, how he came into power, his net worth, and the current leverage he has on world politics.

You May Also Like

Hot Definitions
  1. Venture-Capital-Backed IPO

    The selling to the public of shares in a company that has previously been funded primarily by private investors. The alternative ...
  2. Merger Arbitrage

    A hedge fund strategy in which the stocks of two merging companies are simultaneously bought and sold to create a riskless ...
  3. Market Failure

    An economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers ...
  4. Unsystematic Risk

    Company or industry specific risk that is inherent in each investment. The amount of unsystematic risk can be reduced through ...
  5. Security Market Line - SML

    A line that graphs the systematic, or market, risk versus return of the whole market at a certain time and shows all risky ...
  6. Tangible Net Worth

    A measure of the physical worth of a company, which does not include any value derived from intangible assets such as copyrights, ...
Trading Center