Please read article on link below and answer the questions.
https://hbr.org/2021/07/the-circular-business-model
1)The circular business model is an ideal business model that minimizes the environmental impact. Do you think the circular business model is appropriate for every industry? Or is it probably more appropriate or easier to implement in certain industries?
2)In addition to ease of accessing used products and recovering product value mentioned in the article, what could be other challenges for implementing the circular business model?
3)The article mentioned three strategies for circularity: RPO, PLE and DFR. It also gives several examples of them. Can you provide other examples for at least one of the three strategies? Do you think the example you give has a viable business model (i.e., achieving sustainability goal while maintaining profitability)? Why or why not? (If you are not familiar with any example, you may want to do some research online.)
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