TOPs:Order

From ExtractValue Wiki

An Order is the amount of a Product or customization of a Product that is specific to a User. Orders are used for goods or services that are demanded in varying quantities or customizations by users.

Orders are created from Transactions initiated from a Subscriber to a Member of a Group or vice-versa. By default, are Orders are Restricted and viewable only between the Subscriber and Member.

Contents 1 Example 2 Rules 3 Actions 4 Data to keep track of 5 Category Tree

Example

1. Creator: John Smith to Recipient: John Smith | Status: Active | Create Order 1234 | Buy X units of Product ABC
2. Creator: Dario Michalek (Admin) to Recipient: John Smith | Status: Pending | Offer Order 1235 | Sell X units of Product ABC

Rules

• A recipient of an Offer can Counter-offer, which is a modification of the Order and then Offering it back to the Creator (separate activity)
• Order must check for permission status of the Portfolio it is affiliated with in order to determine whether the order should be displayed or not
  • E.g., if a Portfolio is private, then the order must be private also

Actions

1. Orders must be...
   1. Created by a User OR
   2. E.g., Creating an Order in investments: the investor (Subscriber) creates a stock transaction (Order) by inputting the number of shares he/she would like to purchase (user input) and this is multiplied by the stock’s value (a quality of the Product) to achieve the purchase price, which is a quality of the Order.
   3. Created by a Admin and offered to a Subscriber
      1. In this case, the appropriate response by the Subscriber is to either DENY or ACCEPT
   4. For example, in the Manufacturing market, Orders are quotes that can be Requested by a buyer or Created by a seller.
   5. The Group Admin has to specify whether Orders can be Created.
2. By default, Orders are Public unless otherwise specified by a User. This may vary based on Verticals or Product Type.

Data to keep track of

Name	Data	Centricity	Correlo
URI	order #	X
Portfolio association	Portfolio URI	X
Participants	creator, recipient	X
Action	create, offer	X
Operation	buy, sell	X
Status	pending, accepted, denied, deleted	X

Category Tree