11 Questions
What is a key aspect of the success of usership models in a circular economy?
High-quality products that can be easily repaired or upgraded
Why do some people prefer the idea of renting products instead of owning them in a circular economy?
To contribute to reducing waste and promoting sustainability
What is IKEA's approach towards addressing the furniture waste problem?
Rental and refurbishment programs for furniture
How does IKEA extend the life of its rented products?
By refurbishing them when they come back from renters
What motivates IKEA to design its products for longer life and easier repair?
To promote sustainability and reduce waste
What is one of the main goals of testing which parts of furniture are likely to break or wear out first?
To extend the lifespan of each piece of furniture
Which industry is an example of implementing a product-as-a-service model according to the text?
Smartphone market
What is a key reason why young people are attracted to usership models?
They prefer having access to products over owning them
What advantage does usership provide businesses like Fairphone and IKEA?
Predictable regular income
Why is moving to a usership model beneficial for companies like Fairphone and IKEA?
It shows care for the environment
What trend is likely to continue expanding in response to growing consumer demand for greener products?
Transition from ownership to usership
Test your knowledge on the concept of circular economy where businesses are moving towards usership models such as renting products or offering 'products-as-a-service'. Learn about the importance of high quality products that can be repaired or upgraded easily.
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