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Questions and Answers
What is the primary purpose of Life Cycle Assessment (LCA)?
Life Cycle Assessment (LCA) is only used for environmental projects.
False
What is the name of the company that is planning to use 3D printing to create lab-grown chicken?
KFC
The article 'Green isn't always good' was published by the _______________________ in 2020.
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Match the following benefits of Life Cycle Assessment (LCA) with their descriptions:
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What is the main goal of Green Projects?
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Life Cycle Assessment (LCA) is a tool used only for environmental management.
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What is the name of the journal that published the article 'Life cycle Assessment as Entrepreneurial tool for business management and green innovation'?
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The World Economic Forum published an article titled 'Given the ugly plants a chance' in _______________________.
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Study Notes
Economic Factors
- Economic factors are of a qualitative and quantitative character.
- The first group of economic factors includes fiscal and monetary policies.
- The second group of economic factors includes variables such as:
- Gross Domestic Product (GDP)
- Unemployment rate
- Price index (Inflation)
- Value of the country's reserves
- Foreign trade
- Domestic and Foreign Debt
- Infrastructure and Natural Resources
- Index of Economic Freedom
Political Factors
- Governance involves complex mechanisms, processes, and institutions that enable people to articulate their interests, resolve differences, exercise their rights and obligations, and manage their legal and personal responsibilities.
- Governance is a critical factor in eradicating poverty and promoting development.
- Variables of qualitative aspects of political factors include:
- Governance
- Transparency
- Corruption
- Democracy
Social Factors
- Qualitative social factors include:
- Social security
- Personal safety
- Efficiency in the administration of justice
- Quantitative social factors include indices of:
- Human Development
- Gini (Income inequality among citizens)
- Poverty
- Violence
- Quality of Life
- Trust
- Proportion of Social Spending
Social Projects
- A social project arises as a strategy to address social imbalances in a population.
- Characteristics of a social project include:
- Participation
- Parties interested and committed to supporting and helping a community or society
Environmental Factors
- Life Cycle Assessment (LCA) is a method to evaluate the environmental impact of a product, service, or event throughout its entire life cycle.
- The carbon footprint is the total amount of CO2 and other greenhouse gases emitted during the entire life cycle of a product, service, or event.
- Water footprint is the amount of water used during the entire life cycle of a product, service, or event.
- LCA analyzes the total environmental impact, including:
- Greenhouse gases
- Water use
- Solid and liquid pollutants
- Waste generation
- Ecosystem quality
- Human health
Benefits and Applications of LCA
- LCA supports decision-making in sustainable product development and process improvement.
- LCA helps to:
- Compare alternatives and processes
- Improve environmental and social performance
- Contribute to decision-making
- Develop eco-friendly products and services
- Formulate green marketing strategies
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Description
This quiz covers the energy required to recycle and dispose of products, as well as the carbon footprint of a product throughout its entire life cycle, including manufacturing, packaging, and distribution.
