Extended Producer Responsibility Means

question 16

Multiple Choice

Extended producer responsibility means

• A) designing a product from material that can be recycled or easily repaired rather than discarded.
• B) companies have to implement sustainability.
• C) companies have to determine their greenhouse gas emissions.
• D) companies are held responsible for their product even after its useful life.

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Definitions:

Market Development

Strategies or activities aimed at finding new markets or expanding existing ones for a product or service.

Diversification

A strategy for managing risk that diversifies a portfolio by incorporating a broad range of investments to reduce the effect of any single asset's performance.

Market Penetration

A measure of the extent to which a product or service is recognized and bought by customers within a particular market.

Market Development

Strategies or actions that seek to expand an existing product into new markets or demographic segments.