What is the difference between “Closed-loop value chains” and “Open Business Models”

A Closed-loop value chain is a circular economy model

How can value creation be achieved in a business context?

Through product innovation and process optimization.

What is value creation?

Resource transformation via innovation, production, and distribution

What is closed looped value chain business model ?

When products are designed, produced, distributed, used, recovered, reused

Which option is NOT a benefit of the sharing economy ?

Rather than renting an asset, the seeker buys it from someone else.

What is value capture ?

Creating, maintaining value and managing environmental and social impacts.

What are the 3 axes of the 3x3 matrix to reallocate activities to external partners?

Firms, alliances and plateforms

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Sharing Economy

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CSR Quizz on Sharing Economy

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Questions 11

Answers

1
This is an example of value creation: damaging the environment for short-term gains.
False
True
2
What is the difference between “Closed-loop value chains” and “Open Business Models”
These two concepts are never seen as complementary strategies
In an Open Business Model materials and resources are recycled and reused
An Open Business Model is a circular economy model
A Closed-loop value chain is a circular economy model
3
How can value creation be achieved in a business context?
Through product innovation and process optimization.
By ignoring customer satisfaction and complaints.
By reducing employee benefits and salaries.
Through excessive marketing and advertising.
4
What is value creation?
Generating environmental value by ignoring social and economic aspects
Generating social value through the promotion of a company's brand
Resource transformation via innovation, production, and distribution
Generating economic value by cutting costs at all costs
5
How many stages counts a closed-loop value chain ?
3 stages
4 stages
2 stages
5 stages
6
What is closed looped value chain business model ?
A system where products are only designed to be used once
A model that emphasizes the use of only new raw materials
When products are designed, produced, distributed, used, recovered, reused
A model that focuses on maximizing profits
7
Which option is NOT a benefit of the sharing economy ?
It provides more affordable and accessible options to everyone
Opportunities to become part of the community, be in contact with locals.
Owners and seekers are connected easily through an onlineplatform
Rather than renting an asset, the seeker buys it from someone else.
8
What is value capture ?
Creating, maintaining value and managing environmental and social impacts.
Value capture is a technique used to manipulate currency markets.
Is the process of giving more value to an asset to make more profits.
Is the process of taking control of a company's assets by force.
9
Can Apple be seen as a closed-loop value chain company ?
True
False
10
This is an example of value creation: developing a new product that fulfills a customer need.
False
True
11
What are the 3 axes of the 3x3 matrix to reallocate activities to external partners?
Partnership, collaboration and plateforms
Firms, collaboratiopn and plateforms
Alliances, collaborations and innovation
Firms, alliances and plateforms

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