Short answer: 0.00042 is 4.2 × 10⁻⁴ in scientific notation and420 × 10⁻⁶ in engineering notation. 12,345 is 1.2345 × 10⁴, or 12.345 × 10³.
When each form is used
Scientific notation normalises the mantissa so numbers can be compared at a glance; engineering notation keeps the exponent in threes so it maps onto kilo, mega, milli and micro. A physics paper uses the first, a datasheet usually the second.
Worked example
Avogadro’s number, 602214076000000000000000, is 6.02214076 × 10²³. In engineering form that is 602.214076 × 10²¹, which is why the SI prefix version reads 602 zetta rather than 6.02 × 10²³.