Questions
FINA3401.13791.202610 Midterm CFA Quiz- Requires Respondus LockDown Browser
Single choice
Which of the following best describes the principles of a circular economy?
Options
A.Ensuring that all products are returned to the manufacturers to reuse component parts.
B.Producing goods only for consumption by customers in the manufacturer's domestic market.
C.Designing out waste and pollution, keeping materials in use, and regenerating natural systems.
View Explanation
Verified Answer
Please login to view
Step-by-Step Analysis
The question asks which option best describes the principles of a circular economy, so we will evaluate each choice on how well it aligns with that concept.
Option 1: 'Ensuring that all products are returned to the manufacturers to reuse component parts.' While returning products for reuse or recycling is a component of circularity, this description focuses narrowly on a single mechanism (take-back/reuse of parts) and does not fully captu......Login to view full explanationLog in for full answers
We've collected over 50,000 authentic exam questions and detailed explanations from around the globe. Log in now and get instant access to the answers!
Similar Questions
The term circular economy refers to a production system that is
Growth in materials use, coupled with the environmental consequences of material extraction, processing and waste, is likely to increase the pressure on the resource bases of our economies and jeopardise future gains in well-being. This outlook can help decision-makers understand the direction in which we are heading and help to assess which policies can support a more circular economy.
The circular economy model aims to protect the environment without lowering 25. Answer Question 25[input]. Improvements in 26. ______ can reduce waste and protect the environment. Introducing 27. ______ for recycling, reselling and sharing allows consumers to reuse the same clothes. The 28. ______ of unprocessed resources, therefore, falls. The power of consumers and cooperation among decision-makers is crucial for encouraging ethical practices. This means that the fashion industry can be 29. ______ while remaining profitable.
In the circular economy, emission-intensive extraction of virgin raw materials is replaced with
More Practical Tools for Students Powered by AI Study Helper
Making Your Study Simpler
Join us and instantly unlock extensive past papers & exclusive solutions to get a head start on your studies!