Production and consumption chain Flashcards
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
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.
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
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.
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.
6
Q
Stage 5: waste
A
- The final stage involves the management and disposal of waste generated throughout the product’s life cycle.