CBM

4. Circular business models are considered ____________ as business will consider more than the financial profits and costs.
5. ______________ obsolescence refers to the practice of manufacturing goods with an artificially short life span resulting in the need to replace the product.
7. Circular business models could give businesses a ____________ advantage if it is done properly.
9. ______________ business models focus on the long-term environmental consequences and sustainability matters related to business activities.
12. Product life extension models are CBM based on the notion that businesses try to extend the __________ of their goods.

1. Product service system models focus on organizations that provide a service instead of selling _________ products.
2. ____________ could lead to difficulty in implementing CBM.
3. ______________ business models, have focused on costs, revenues, and profits related to business activities.
6. Sharing models are a type of circular business models that focus on allowing customers to ______ products instead of consumers having to purchase and own such items.
8. Resource _________ models are a type of CBM that focus on recycling waste into reusable raw materials.
10. Circular supply models are a type of CBM that focus on reducing _______ and been more efficient in the production process.
11. Circular business models generally have a high cost _______ which will lead to fewer businesses using this model.