Published Feb 4, 2023 Business to Government (B2G) is a type of business transaction in which a company sells goods or services to a government agency. That means it is the opposite of business-to-consumer (B2C) and business-to-business (B2B) transactions, in which a company sells goods or services to individual consumers or the government, respectively. A common example of B2G transactions is the sale of military equipment. For instance, a company may sell tanks, aircraft, or other military hardware to the government. In addition to that, B2G transactions also include the sale of services, such as consulting services, IT services, or engineering services to government entities. B2G transactions are important for both the government and the private companies involved. For the government, it is a way to acquire goods and services that are necessary for the functioning of the state. Meanwhile, for the private companies, it is a way to increase their revenue and profits. In addition to that, B2G transactions can also be beneficial for society as a whole because they often involve the sale of goods and services that are necessary for the public good, such as infrastructure projects or medical supplies.Definition of Business to Government (B2G)
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Why Business to Government Matters
Business Economics