Production and consumption chain Flashcards

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1
Q

Stages of the production and consumption chain

A

Stage 1: raw material (extracting or growing)
Stage 2: manufacturing (processing)
Stage 3: distribution
Stage 4: consumption
Stage 5: waste

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2
Q

Stage 1: Extracting or growing raw material

A
  • This stage involves the extraction of raw materials or the growth of natural resources needed for the product.
  • For example, it may include mining minerals, harvesting timber, or cultivating crops.
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3
Q

Stage 2: manufacturing or processing

A
  • In this stage, the raw materials are transformed into finished products through manufacturing or processing activities.
  • Manufacturing or processing may occur in factories or production facilities
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4
Q

Stage 3: distribution

A
  • The distribution stage involves the movement of products from manufacturing facilities to distribution centers, wholesalers, retailers, or directly to consumers.
  • Distribution networks can be extensive, involving multiple intermediaries and transportation modes, such as trucks, ships, trains, or planes.
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5
Q

Stage 4: consumption

A
  • The consumption stage refers to the purchase and use of products by individuals or businesses.
  • Consumption can be purchases made in person, or online.
  • Consumption can involve various activities, such as using, consuming, operating, or experiencing the products.
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6
Q

Stage 5: waste

A
  • The final stage involves the management and disposal of waste generated throughout the product’s life cycle.
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