Circular Economy in Manufacturing Companies
12 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Why did most customers prefer to buy carpets rather than lease them from Interface?

  • The costs of carpet maintenance were hidden from them. (correct)
  • They did not see the benefits of paying high monthly fees.
  • The leasing program was not scalable for Interface.
  • Leasing carpets was more expensive than buying them.
  • What shift did Interface make in 2000 that helped create a more sustainable business model?

  • They focused on leasing carpets instead of selling them.
  • They transitioned to using renewable energy at their production sites.
  • They outsourced their carpet manufacturing to reduce carbon emissions.
  • They started producing modular carpet tiles using sustainable materials. (correct)
  • How much less carbon was emitted by manufacturing the new carpet tiles compared to the industry average?

  • 60% less
  • 75% less (correct)
  • 90% less
  • 50% less
  • What was the total reduction in Interface's carbon footprint due to their innovations?

    <p>69%</p> Signup and view all the answers

    Which strategy for circularity involves the producer retaining ownership of the product?

    <p>Retain Product Ownership (RPO)</p> Signup and view all the answers

    What is a key factor in creating a sustainable circular business model according to the text?

    <p>Choosing a pathway that aligns with the company's capabilities and resources.</p> Signup and view all the answers

    What is the main reason why more manufacturing companies are talking about the circular economy?

    <p>To reduce their environmental impact and use resources more efficiently</p> Signup and view all the answers

    What was the key change that Interface made to its business model in the 1990s?

    <p>They started leasing their flooring products instead of selling them</p> Signup and view all the answers

    What was the goal of Interface's Evergreen Services Agreement (ESA) program?

    <p>To keep used flooring materials out of landfills and recycle the raw materials</p> Signup and view all the answers

    How successful was Interface's shift to a leasing model in the first seven years?

    <p>It was a complete failure, with the company only acquiring a handful of lessees</p> Signup and view all the answers

    What was the main challenge that Interface faced in implementing its circular economy business model?

    <p>Convincing customers to switch from buying to leasing their flooring products</p> Signup and view all the answers

    What was the primary motivation behind Interface's shift to a circular economy business model?

    <p>To reduce their environmental impact and become more sustainable</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser