Circular Economy IB BM Batch 2025 by Amrita Chakraborty

Put in your answers( only options) to the quiz here serially. Don't forget to write your name!

amritachakraborty2 — 2024-04-22 06:02:26 UTC

BM

josh230445 — 2024-04-23 05:59:06 UTC

B,C,B,A,C,B,A,B,A, False

BM - KUSH

2024-04-23 05:59:48 UTC

B
D
B
C
A
B
C
A
B
False as the circular business model creation is complex, demanding extensive effort for process redesign, material innovation, and systemic changes to optimize resource use.

BM

arnavbatra — 2024-04-23 06:00:01 UTC

1:B

2:C

3:B

4:C

5:C

6:B

7:C

8:C

9:B

10:False:Creating a circular business model can be quite complex and challenging. It involves rethinking traditional linear business models and design process that minimizes waste and priorities sustainability.

BM

2024-04-23 06:00:29 UTC

Armaan

1.B

2.C

3.B

4.B

5.C

6.B

7.C

8.B

9.B

False-Businesses must find out how to create with the fewest raw resources possible and maximise earnings after these limitations, so it is not an easy strategy to implement.

BM - trisha

2024-04-23 06:00:50 UTC

1 - b

2 - c

3 - b

4 - c

5 - c

6 - b

7 - c

8 - b

9 - b

10- False. It is not straightforward and requires a lot of planning, investment and recycling of materials is the biggest challenge.

BM

shravani230488 — 2024-04-23 06:01:11 UTC

B
D
B
C
C
B
C
-
False -

BM: Vatsalaa

2024-04-23 06:01:14 UTC

B
C
B
C
C
B
C
B
B
False. Creating a circular business model requires significant planning, investment, and coordination across various stakeholders. It also requires substantial effort in terms of finding methods of reduced waste, lower resource consumption, and enhanced brand reputation. The optimization of the flow of goods and services, and finances from raw material sourcing to production, distribution, and delivery to the end customer is very important as well. Achieving Economies of Scale along with environmentally-sound processes are challenging and complex.

BM: quiz answers

risha210407 — 2024-04-23 06:01:54 UTC

B
C
B
C
C
B
C
B
B
False. Circular business models is a time consuming process and it has to be planned strategically. It aims to minimise and reduce waste and be more sustainable. It requires processes that are eco friendly. It's also expensive as a lot of cost goes to make products sustainable. Recycling the raw materials is a challenge and to modify them, there will be costs.

BM

spandan230181 — 2024-04-23 06:02:02 UTC

1) B)

2) C)

3) B)

4) A)

5) C)

6) B)

7) C)

8) B)

9) B)

10) The above statement is false.

This is so because in a circular business model, the key focus is on reducing the amount of waste produced. This calls for advanced methods of waste management and extremely efficient production methods that reduce the amount of waste produced, which are extremely specialized, highly technologically complex and are very expensive to implement for the company unless they have achieved economies of scale (EOS) in order to reduce the production costs needed to achieve a circular business model and make it worthwhile financially for the company.

BM:Ekansh

2024-04-23 06:02:55 UTC

1. b

2.c

3.b

10 false

BM-Antariksh

2024-04-23 06:04:11 UTC

10 False as the formation of business model requires several strategies and business models have to be redesigned again and again keeping sustainability into the account and the business’s motive will be to recycle and cause less wastage of resources, for that business models are re-innovated and it is indeed time consuming and not an easy task

BM : Ridhi

2024-04-23 06:05:47 UTC

B
C
B
C
C
B
C
B
C
False: A circular business model is a way of organizing a company's operations to increase efficiency and reduce environmental impact. It requires a lot of effort as you need to keep sustainability in mind while designing the business model. Along with that, it is not a straightforward method as the businesses need to find ways in which they can reduce their waste which can take up a lot of time and is not an easy task.

BM- Khushi

2024-04-23 06:06:08 UTC

B
C
B
B
C
B
C
B
C
False- it is complex as it requires processes and changes to make it sustainable and minimise waste

1) B, 2) C, 3) B, 4) A, 5)C, 6) B, 7)A , 8)B, 9)A

vivaanakothakonda — 2024-04-23 06:06:11 UTC

1) B, 2) C, 3) B, 4) A, 5)C, 6) B, 7)A , 8)B, 9)A

10) False as you have to be environment friendly and keep sustainability in mind which may hinder traditional business goals of growth in terms of profit/market share

soham kedia

2024-04-23 06:07:15 UTC

1; b

2; c

3 ; b

4; a

5 ; c

6; b

BM QUIZ

aiyushi230237 — 2024-04-23 06:08:51 UTC

B
C
B
B
C
B
C
B
C
False- it is not a straightforward method as businesses need to figure out how to produce by using minimal raw materials and maximize profits after these limitation.
AIYUSHI CHOWDHURY

SAMRAT

2024-04-23 06:09:46 UTC

B
C
B
A
C
B
A
B
A
False

BM: VAISHNAVI

2024-04-23 06:09:57 UTC

B
C
B
B
C
B
A
A
B
False. It's complex requiring significant effort to redesign processes and behaviour for sustainability.

mahi230436 — 2024-04-23 06:10:18 UTC

B
C
b
c
c
b
c
b
b
false - not a straightforward method and requires effort since a production method that uses the least amount of raw and recycled materials is needed to be derived

Yashjyjoti

2024-04-23 06:14:16 UTC

1.b, 2.d, 3.b, 4.c, 5.a, 6.b, 7.a, 8.b, 9.c 10.False-Creating a circular business model requires operational changes, innovation, stakeholder participation, and strategic planning.

Quiz

debjit230446 — 2024-04-23 06:20:48 UTC

B.
D.
A.
C.
A.
A.
B.
B.
DEBJIT