Assignment
There has been a lot of discussion over the last few years about how industries and businesses need to adapt their strategies to take into account the Circular Economy (CE). CE is about changing from our dead-end, wasteful ‘take, make, dispose’ linear production strategic approach to one in which we keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life.
What you are required to do in this assignment:
Explain the key concepts behind the Circular Economy. Giving examples, discuss the barriers for businesses who want to transition to the CE? Give examples of businesses that have managed to successfully embrace the CE analysing why?
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