Guestlecture Picnic - Tutorial 3: Sample exam questions & discussion questions - Sample exam questions

4 important questions on Guestlecture Picnic - Tutorial 3: Sample exam questions & discussion questions - Sample exam questions

Please read the following to statements and mark the correct answer:
I. Green Goliaths typically react quickly to changes in their markets.
II. Emerging Davids are not limited by previous (technological)
mindsets and are generally more innovative.
A. Only statement I is true.
B. Only statement II is true.
C. Both statements are true.
D. Both statements are false.

Answer B

Which of the following four statements regarding the concept of
Circular Economy is true?
A. The concept of Circular Economy is build on the idea of “Take – Make –
Dispose”.
B. The concept of Circular Economy can only be used for reducing waste.
C. The concept of Circular Economy has been around for quite some time.
D. The concept of Circular Economy is not yet known in the business world.

Answer C

Current dominant economy view, not circular (a)
Also, about rethinking setting up SC, products, services, more than reducing waste (b)
The idea behind Circular Economy exists for a longer time (d)

Which of the following return flows can potentially be combined with
the activity of ‘technological upgrading’?
A. Remanufacturing
B. Cannibalisation
C. Recycling
D. Repair

Answer A: you can combine return flows
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In the paper by Guide & Van Wassenhove (2009) they distinguish
between three important sub-processes that need to be managed in a
coordinated fashion. Which of the following four processes is not one
of them?
A. Products returns management
B. Remanufacturing operational issues
C. Remanufactured products market development
D. Waste reduction issues

Answer D

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