Circular Business Models Quiz by Shubhrata Shrestha | Nov 15, 2025 | 0 comments Circular Business Models Quiz 1. Circular business models primarily aim to A. Maximise waste output B. Reduce environmental impact through resource circulation C. Focus only on short-term profitability D. Increase demand for disposable products None 2. Which model focuses on replacing finite resources with renewable materials? A. Sharing model B. Product life extension model C. Circular supply model D. Product service system model None 3. Cradle-to-cradle design belongs to which circular model category? A. Resource recovery B. Sharing C. Product service system D. Traditional supply chain None 4. Industrial symbiosis is best described as A. Sharing products among different customers B. One company’s waste becoming another’s raw material C. Leasing out equipment for temporary use D. Continual upgrades to extend product lifespan None 5. A major benefit of product life extension models is A. Higher waste generation B. Reduced durability of goods C. Lower extraction of natural resources D. Encouraging consumers to replace products more often None 6. Which model increases utilisation of under-used items through shared access? A. Circular supply model B. Sharing model C. Closed-loop recycling D. Product service system None 7. Product service system models encourage companies to A. Sell as many products as possible B. Retain ownership and offer product function as a service C. Produce disposable products D. Avoid long-term customer relationships None 8. A limitation of circular business models is A. Reduced environmental benefits B. Difficulty attracting customers willing to pay more C. Lack of long-term sustainability D. Lower corporate reputation None 9. Closed-loop recycling involves A. Renting products to multiple consumers B. Reprocessing waste into new products C. Using only biodegradable materials D. Extending the lifespan of electronics None 10. Sharing models contribute to sustainability by A. Increasing production of new products B. Encouraging overconsumption C. Reducing demand for new resources through shared access D. Increasing landfill waste None Time's up Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ
