Which of the Following Suggests That a Business Takes Resources

question 57

Multiple Choice

Which of the following suggests that a business takes resources, makes products out of them, and discards whatever is left over?

• A)The cradle-to-grave model
• B)The take-make-waste approach
• C)The Cradle-to-cradle model
• D)The eco-efficiency principle

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the normal operating cycle of the business, whichever is longer.

Minimum Required Rate Of Return

The lowest expected return on an investment deemed acceptable by an investor or manager, based on the level of risk and alternative opportunities.

Average Operating Assets

The average value of assets utilized in a business's operations, calculated over a specific period to assess performance.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and payroll, excluding the cost of goods sold.