"Closed-Loop" Production Seeks to Integrate What Is Presently Waste, Back

question 42

Multiple Choice

"Closed-loop" production seeks to integrate what is presently waste, back into production. In an ideal situation, the waste of one firm becomes the resource of another, and such synergies can create eco-industrial parks. This principle is often referred to as:

• A)biomimicry.
• B)eco-efficiency.
• C)biosynergy.
• D)backcast.

Understand the process and importance of organizational diagnosis.

Learn Lewin's three-step model for managing organizational change.

Identify anatomical features and functions of the digestive system.

Describe the structural organization and regions of the stomach.

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Definitions:

Corrective Tax

A tax designed to correct market outcomes by accounting for externalities, encouraging more efficient allocation of resources.

Variable Toll

A pricing strategy that adjusts toll amounts based on current traffic conditions, often used to manage congestion on roads.

Congested

Describes a state of overcrowding or overloading, often used in the context of traffic, networks, or systems running at or beyond capacity.

Common Resource

A resource like air or water that is not owned by anyone, cannot be easily limited to specific users, and is available for everyone to use, which might lead to overuse and depletion.