Digitalisation and Circular Economy Quiz chapter 9
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Questions and Answers

What is the primary focus of the sharing economy?

  • Revenue generation
  • Efficient use of assets
  • Production and consumption relations
  • Human relations and sharing skills (correct)

    • What distinguishes the circular economy from the sharing economy?

  • Reducing resource use and waste
  • Matching supply and demand for idle resource capacity
  • Using digital technology to support sharing
  • Focus on production and consumption relations (correct)

    • What is a key challenge for a sharing platform?

  • Efficient use of assets
  • Generating revenue from idle assets
  • Insurance requirement due to the need for trust (correct)
  • Tailored experiences for customers

    • What is the primary focus of Product as a Service (PaaS)?

    <p>Maintaining a product’s use through design, use, maintenance, reuse, manufacture, and recycling</p> Signup and view all the answers

    What is an economical advantage of Product as a Service (PaaS)?

    <p>Cost savings for the customers when the product is only needed for a limited time</p> Signup and view all the answers

    What is a challenge for Product as a Service (PaaS)?

    <p>Keeping an up-to-date status on the location and condition of all products</p> Signup and view all the answers

    What is one of the main reasons for the need to transform from a linear to a circular economy?

    <p>The increasing scarcity of non-renewable resources</p> Signup and view all the answers

    What is the current rate at which we are using the earth's resources per year?

    <p>1.7 earth per year</p> Signup and view all the answers

    Which of the following is an example of a non-renewable resource?

    <p>Gas</p> Signup and view all the answers

    By how much has the demand for non-renewable resources increased over the last seventy years?

    <p>450%</p> Signup and view all the answers

    What consequence does the diminishing amount of fresh water lead to?

    <p>Stress on other renewables, mainly food</p> Signup and view all the answers

    What has overfishing led to?

    <p>A decrease of fish in the sea</p> Signup and view all the answers

    What will happen if we continue to use resources at the current rate?

    <p>We will run out of precious resources in the next 50-100 years</p> Signup and view all the answers

    Why is it important to distinguish between renewable and non-renewable resources?

    <p>To understand which resources can be replenished in a person’s lifetime</p> Signup and view all the answers

    What is one of the key principles of cradle-to-cradle design certification?

    <p>Eliminate the concept of waste and use renewable energy</p> Signup and view all the answers

    What is the focus of the Ellen McArthur Foundation's 'New plastics economy' initiative?

    <p>Reducing the use of plastics in packaging</p> Signup and view all the answers

    What is the purpose of Maersk triple-E's digital materials passport?

    <p>To reduce dependency on material suppliers</p> Signup and view all the answers

    What is the main focus of circular supply-chain business models?

    <p>Offering access to fully renewable, recyclable, or biodegradable inputs as substitutes for linear ones</p> Signup and view all the answers

    What is the key focus of digitalisation in supporting circularity?

    <p>Collecting and processing data from sensors and material flows</p> Signup and view all the answers

    What is one of the 7 key points in DGBC's standard for circular buildings?

    <p>Prioritize regenerative resources in building design</p> Signup and view all the answers

    What is one of the categories evaluated in cradle-to-cradle design certification?

    <p>Material Health</p> Signup and view all the answers

    What is the main purpose of the 'Renescience' initiative?

    <p>Convert household waste to energy</p> Signup and view all the answers

    What is the main focus of the recovery and recycling model in sustainable business management?

    <p>Optimizing the revenue potential of all material streams</p> Signup and view all the answers

    What is the concept of upcycling in sustainable business management?

    <p>Converting an old product into something more valuable</p> Signup and view all the answers

    What is the main challenge associated with the product life-extension model in sustainable business management?

    <p>Moving from a product-oriented to a product-and-customer oriented company</p> Signup and view all the answers

    What is the primary objective of the sharing platform business model in sustainable business management?

    <p>Boosting productivity by allowing co-access or co-ownership of products</p> Signup and view all the answers

    What are two variations of the recovery and recycling business model mentioned in the text?

    <p>Recovering end-of-life products and recovering waste from production process</p> Signup and view all the answers

    What is the main challenge associated with the recovery and recycling model in sustainable business management?

    <p>Maintaining the quality of recovered resources</p> Signup and view all the answers

    What is the goal of the product life-extension business model in sustainable business management?

    <p>Generating revenue through longevity instead of volume</p> Signup and view all the answers

    What characterizes the linear model in terms of waste generation?

    <p>Mass production and consumption leading to high volumes of waste due to cheaper replacement than repair</p> Signup and view all the answers

    What is a key aspect of the circular economy's approach to growth?

    <p>Designing waste out of the system, keeping products and materials in use, and regenerating natural systems</p> Signup and view all the answers

    What distinguishes the cradle-to-cradle approach from cradle-to-grave in terms of environmental impact?

    <p>Cradle-to-cradle focuses on value creation in the whole value chain, while cradle-to-grave ignores waste and end-of-life</p> Signup and view all the answers

    According to the principles of circular economy, what is emphasized in terms of water management?

    <p>Sustainable water extraction and maximum return to the biosphere</p> Signup and view all the answers

    Why is it stated that a fundamental change is needed for the transformation from linear to circular economy?

    <p>In an adapted version, too many resources would still be needed</p> Signup and view all the answers

    What is one of the potential benefits of the circular economy mentioned in 'The true potential of circular economy'?

    <p>Creation of value beyond financial value through social and ecological impact</p> Signup and view all the answers

    What does the circular model aim to achieve in terms of product quality?

    <p>High-quality products that are expensive but last longer</p> Signup and view all the answers

    What does the linear economy fail to account for in terms of environmental impact?

    <p>Biodiversity support and maintenance throughout the design and production process</p> Signup and view all the answers

    Study Notes

    Sharing Economy

    • Primary focus: sharing underutilized assets to reduce waste and emissions

    Circular Economy

    • Distinguished from sharing economy by reducing waste and emissions through design and recycling
    • Aims to keep resources in use for as long as possible, extracting the maximum value from them
    • Key principle: design out waste and pollution

    Challenges

    • Sharing platforms: trust and safety concerns between strangers
    • Product as a Service (PaaS): changing consumer behavior and perception
    • Circular economy: fundamental change needed for transformation from linear economy

    Product as a Service (PaaS)

    • Primary focus: providing access to products rather than ownership
    • Economical advantage: reduces costs and encourages sustainable consumption
    • Key challenge: changing consumer behavior and perception

    Linear Economy

    • Focuses on take, make, dispose, and waste generation
    • Fails to account for environmental impact and resource depletion
    • Current rate of resource usage: 1.7 earths per year

    Resource Management

    • Non-renewable resources: oil, gas, coal, and minerals
    • Demand for non-renewable resources increased by 94% over the last 70 years
    • Diminishing fresh water leads to food and energy insecurity
    • Overfishing leads to depletion of marine ecosystems

    Cradle-to-Cradle Design

    • Key principle: design products that can be recycled or upcycled
    • Focus: design out waste and pollution

    Circular Business Models

    • Product life-extension: refurbish and reuse products to extend lifespan
    • Recovery and recycling: recover materials from waste and recycle them
    • Key challenge: changing consumer behavior and perception

    Digitalisation in Circularity

    • Focus: using digital technology to support circular economy
    • Key aspect: tracking and tracing materials for closed-loop production

    Renescience Initiative

    • Main purpose: to develop a biorefinery that can convert waste into bioenergy and biofuels

    Sustainable Business Management

    • Recovery and recycling model: focus on recovering materials from waste and recycling them
    • Product life-extension model: focus on extending product lifespan through refurbishment and reuse
    • Upcycling: creating new products from waste materials
    • Main challenge: changing consumer behavior and perception

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    Chapter 9: Circular Economy PDF

    Description

    Test your knowledge of how digitalisation is facilitating the transition to a circular economy, the importance of sustainable business management, and the legal and certification frameworks required for a successful transformation.

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