Bachelor of General Studies (BGS) Degree Practice Exam

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What does life-cycle analysis involve?

Studying the initial cost of a product
Assessing environmental impact from extraction to disposal
Measuring economic profit margins
Evaluating consumer satisfaction

The correct answer is: Assessing environmental impact from extraction to disposal

Life-cycle analysis, also known as life-cycle assessment (LCA), is an analytical tool used to evaluate the environmental impacts associated with all stages of a product's life, from raw material extraction through production, use, and eventual disposal or recycling. This comprehensive approach helps to identify the overall ecological footprint of a product, allowing for better decision-making regarding design, materials, and processes to minimize negative environmental impacts. The key focus of life-cycle analysis is on assessing the environmental implications throughout the entire lifespan of a product, not just considering initial costs, economic profit margins, or consumer satisfaction. By examining each stage of a product's life cycle, stakeholders can identify opportunities for improving sustainability, reducing waste, and enhancing efficiency. This information is crucial for companies striving to meet environmental regulations and improve corporate responsibility.