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NEW QUESTION # 17
What are three reasons companies are moving to a circular economy? (Choose three.)
Answer: C,D,F
Explanation:
Companies are moving to a circular economy for several key reasons:
Increase Revenue: By adopting circular economy principles, companies can create new revenue streams through innovative product offerings and services. This model encourages the sale of refurbished or remanufactured products, which can attract cost-conscious customers and open new market segments.
Cut Costs: Circular economy practices often lead to significant cost savings by reducing waste and improving resource efficiency. By designing products that are easier to repair, reuse, and recycle, companies can lower production costs and minimize waste disposal expenses.
Differentiate Themselves to Customers: Companies that embrace circular economy principles can enhance their brand reputation and differentiate themselves in the marketplace. Consumers are increasingly looking for sustainable products and are more likely to support companies that demonstrate a commitment to environmental responsibility.
These reasons are supported by Cisco's sustainability initiatives which focus on promoting a circular economy, enhancing resource efficiency, and reducing waste through various programs such as the Refresh and Takeback and Reuse programs. More details can be found on Cisco's sustainability webpage and their corporate social responsibility reports.
NEW QUESTION # 18
How does Circular Design impact the industry-wide Circular Economy program?
Answer: A
Explanation:
Circular Design significantly impacts the industry-wide Circular Economy program by ensuring that products and packaging are designed with circularity in mind. This involves creating products that can be reused, repaired, recycled, and are resource-efficient. Cisco's approach to Circular Design includes training their design community, implementing circular design evaluation methodologies, and reducing the use of virgin plastics and single-use packaging. These efforts help minimize environmental impact and drive innovation within the industry https://blogs.cisco.com/csr/how-ciscos-circular-design-principles-are-helping-to-minimize-environmental-impact
NEW QUESTION # 19
Which type of packaging does Cisco plan to reduce by 75% (measured by weight) by 2025?
Answer: D
Explanation:
Cisco plans to reduce plastic packaging by 75% (measured by weight) by 2025. This effort is part of Cisco's larger strategy to minimize its environmental footprint and promote sustainability across its operations. Reducing plastic use helps mitigate pollution, decrease dependency on fossil fuels, and supports the transition to more sustainable materials. Cisco's environmental sustainability documents outline various measures, including redesigning packaging, using alternative materials, and improving recycling processes to achieve this goal.
NEW QUESTION # 20
How do Circular Operations impact the enterprise-wide Circular Economy program?
Answer: A
Explanation:
Circular Operations refer to managing equipment for multiple lifecycles and deploying new business models to facilitate this approach. This practice ensures that products are used efficiently, refurbished, and recycled, thereby reducing waste and promoting sustainability. Cisco's commitment to Circular Operations is a core component of its enterprise-wide Circular Economy program, helping to maximize resource utilization and minimize environmental impact.
NEW QUESTION # 21
Where did Cisco rank in the Gartner Supply Chain top 25 for 2021?
Answer: B
Explanation:
In a uniquely challenging year, Cisco set new standards in innovation - and for its core purpose of powering an inclusive future for all.
This was especially true across the company's vast global supply chain, where a staggering number of components, semi-finished goods, and finished products are moved and assembled with great efficiency, equity, and respect for the environment.
All of this factored in Gartner's decision to name Cisco No. 1 in its Supply Chain Top 25 - for the second year in a row.
https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2021/m05/q-a-with-john-kern-svp-for-supply-chain-operations.html
NEW QUESTION # 22
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