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Helping Business Thrive in a Circular Economy
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Assignment Week 1
Introduction to the Circular Economy
Preliminary remarks
Welcome to the course
The path to a low-carbon future is circular
What has the linear economy done for us?
A good disruption
Introduction to circularity
Designing out waste
The circular economy mindset
Exercise: Think about an example from your daily life
Major themes in the circular economy
Downloads
Quiz
The Circular Butterfly
Circular Business Models and Drivers for Change
Technology Enablers for Circular Business Models
SAP Solutions for the Circular Economy
Knowledge quiz
It's time to put what you've learned to the test, get 8 right to pass this week.
1.
According to the Ellen MacArthur Foundation, how much of the environmental impact is determined in the design stage of a product?
Choose the correct answer.
80%
50%
100%
70%
2.
According to Professor Hopkinson, what are examples of system enablers for the circular economy?
There are three correct answers.
Public acceptance
Regulations
Collaboration
Sufficient manpower
Interest-free loans
3.
When we think about reuse, what is the purpose of reconfiguring business models to enable the collection of products after they have been used?
Choose the correct answer.
To enable companies to collect products after they have been used so they can refurbish, sell, or lease them.
To keep the costs for disposal infrastructure in the supply chain low.
To ensure all companies in the value chain work individually on their own reuse principles.
To ensure resources are consumed and reused as fast as possible in the circular economy.
4.
What are two of the main challenges the world is currently facing?
There are two correct answers.
The world’s resources are being exhausted due to infinite demand for finite resources.
Global waste is expected to grow over 70 percent in the next 30 years.
Production resources will soon be insufficient to supply the growing world population.
The water supply is at risk from the salinization of glaciers, mountain lakes, and rivers.
5.
What are opportunities for businesses when moving to a circular economy?
There are two correct answers.
Reduce waste and therefore the loss of value.
Provide room for innovation and market leadership.
Enable efficient work and savings in employees.
Accelerate product development.
6.
What percentage is currently recycled and wasted?
Choose the correct answer.
9% is recycled, 91% is wasted
19% is recycled, 81% is wasted
91% is recycled, 9% is wasted
81% is recycled, 19% is wasted
7.
What pattern does the linear economy follow?
Choose the correct answer.
Take – make – use – dispose
Take – make – use – reuse
Take – make – use – compost
Take – make – use – recycle
8.
What are strategies for designing out waste?
There are two correct answers.
Dematerialize products, for example, use digital photos instead of printed ones.
Allow for assembly and disassembly as a prerequisite for sorting materials.
Encapsulate products so users cannot change them.
Provide consumers with the latest and greatest.
Connect materials using glue instead of screws, for example.
9.
What are some of the benefits of keeping items maintained and in use for as long as possible?
There are three correct answers.
It saves money.
It guarantees fair wages in the supply chain.
It reduces the amount of waste sent to landfill sites.
It reduces the need to extract virgin resources and raw materials.
It reduces greenhouse gas emissions from company cars.
10.
What are the three principles of the circular economy?
There are three correct answers.
Eliminate waste and pollution by design.
Keep products and materials in the economy for as long as possible.
Regenerate natural systems by design.
Ensure all material can be properly disposed.
Design products for short reuse cycles.