Disintermediation - The elimination of intermediaries or middlemen in a supply chain to reduce costs and improve efficiency., Frugal Innovation - Developing high-quality products or services with minimal resources, emphasizing cost-effectiveness and simplicity., Gig Economy - A labor market characterized by short-term, flexible jobs, often mediated by digital platforms, allowing individuals to work on a freelance or part-time basis., Blue Ocean Strategy - A business approach that focuses on creating a new market space with little or no competition, as opposed to competing in existing markets (red oceans)., Intrapreneurship - The practice of encouraging employees within a company to adopt an entrepreneurial mindset, fostering innovation and creativity., Agile Management - An iterative and flexible approach to project management, emphasizing adaptability and collaboration to respond quickly to changing circumstances., Crowdsourcing - Obtaining ideas, services, or content by soliciting contributions from a large group of people, usually through online platforms., Bleisure - A portmanteau of "business" and "leisure," referring to the blending of business and leisure activities during work-related travel., Pivot - A fundamental change in a business strategy, often in response to market feedback, to better meet customer needs or adapt to changing conditions., Unicorn Company - A privately held startup with a valuation exceeding one billion dollars, typically in the technology sector., Blockchain - A decentralized and distributed digital ledger technology used to record transactions securely across multiple computers., Holacracy - A management philosophy that distributes authority and decision-making across self-organizing teams, aiming to create a more flexible and adaptive organizational structure., Moonshot - An ambitious, groundbreaking, and often risky project or goal that aims for significant innovation and impact., Greenwashing - The practice of making misleading or exaggerated claims about the environmental benefits of a product, service, or company., Fintech - Short for "financial technology," it refers to innovative technologies and solutions in the financial services sector., Freemium - is a business model that offers basic services or a product for free, while charging a premium for additional features, functionality, or enhanced services., Crowdfunding: - is a method of financing a project or venture by raising small amounts of money from a large number of people, typically via online platforms.,

Unconventional business models vocabulary

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