Reusing, Recycling, Refurbishing, or Disposing of Broken, Unwanted, or Excess

question 155

Multiple Choice

Reusing, recycling, refurbishing, or disposing of broken, unwanted, or excess products returned by consumers or resellers is known as ________.

• A) cross merchandising
• B) reverse logistics
• C) disintermediation
• D) diverse logistics
• E) inbound logistics

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Definitions:

Sustainable Practices

Approaches and methods that meet current needs without compromising the ability of future generations to meet their own needs, often with specific concern for environmental stewardship.

Cut Costs

A strategy designed to reduce expenses in order to improve financial performance.

Sustainability Goals

Targets set by an organization or government to achieve better environmental, social, and economic outcomes as part of a sustainability strategy.

Stakeholders

Individuals or groups that have an interest, claim, or stake in a company, project, or outcome, and can affect or be affected by the business's actions.