environment medium True/False

'Product-as-a-Service' business models, where companies retain ownership and lease products, can incentivize durability and resource efficiency.

  1. True
  2. False

Answer: True

When manufacturers maintain product ownership, they benefit from designing longer-lasting, repairable items and recovering materials at end-of-life, aligning economic and environmental goals.

Topic Circular Economy and Resource Efficiency
Exam Relevance UPSC, SSC
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