LF167 Succession (CDQ)

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Business partner/legal form/category/technical key/LF167
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Technical key Defines a unique key by which e.g. data model concepts can be referenced in a technical integration context. These keys are unique in the CDL context. LF167
Name Name of a concept, e.g. a data model concept. In contrast to terms, the name does not depend on a given context, e.g. a country-specific language. Succession
Short name Defines the name of a concept. Consits of “Country or Subdivision” + “Registry name” Succession
Description Informal and comprehensive human-readable definition of a concept. The process of transferring rights, assets, and responsibilities from one person or entity to another upon the death, retirement, or transfer of ownership. Succession planning ensures the smooth transition of leadership and ownership in businesses, organizations, or family estates. It involves legal, financial, and managerial considerations to preserve continuity and maintain operational stability. Successful succession strategies often involve comprehensive estate planning, the selection of competent successors, and the implementation of appropriate legal mechanisms.
Part of Hierarchical relation between two concepts of the CDQ Data Model. CDQ Data Model
Parent concept Hierarchical relation between two concepts of a data model, e.g., the CDQ Data Model. Business_partner/legal_form/category/technical_key
Mappings mapping source: CP (SAP.ODM), mapping: SAP.ODM CPLF167

Legal forms in this category