Hybrid work combines in-office, remote, and on-the-go work options. Flexible model allows employees to choose location and hours. Fixed model sets specific days and times for work. Office-first model requires in-office presence with remote options. Remote-first model works remotely most of the time
Business model is a strategic framework for generating value through product/service delivery. Traditional models have evolved through digital transformation and new technologies
Ecommerce is buying and selling goods and services online. Multiple spellings exist, including "e-commerce" and "ecommerce". Process involves data exchange between multiple entities
Commercial activity between two companies using internet technologies. Can involve companies of any size, from small barbershops to large factories. Common in engineering, commodity processing, and chemical industries
Wholesale involves selling products to businesses at discounted prices in bulk. Retail sells products directly to consumers at retail prices. Wholesalers have 15-30% profit margins, retailers add 30-50% markup
E-commerce is buying and selling goods and services over internet. First transaction occurred in 1994 through NetMarket CD sale. Industry has evolved significantly since then