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CIM Issues #6571

Rename the top-level package to "Market" to "Commerce"

Added by Becky Iverson 4 months ago. Updated 4 months ago.

Status:
Open
Priority:
Normal
Author/Contact Info:
Base Release:
iec61970cim18v02_iec61968cim14v00_Market04v15
Solution to be Applied To:
Solution Version:
Solution Applied By:
Completion Date:
CIM Keywords:
Breaking Change:
Breaking Change Description:
CIM Impacted Groups:
WG16
Requestor:
Standard(s):
Version:
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Paragraph:
Table:
Originally Closed in Version:
Origination Date:
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Description

Suggestion was made to consider renaming the top level package from Market to Commerce. Definitions:
Market:
A market refers to the interaction between buyers and sellers where goods and services are exchanged. It can be a physical location, like a bazaar or a shopping mall, or it can be a virtual space, such as an online marketplace. Markets are where supply and demand meet, leading to the buying and selling of products and services.

Commerce:
Commerce encompasses a broader set of activities related to the exchange of goods and services, including production, distribution, buying, selling, advertising, transportation, and finance. Commerce is the overarching system that enables markets to function.

#1

Updated by Becky Iverson 4 months ago

  • Status changed from New to Open

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