A computer company leases rather than sells its computers to consumers for a monthly fee. The company maintains the computers and replaces them as needed. The old computers are either refurbished or recycled. What does this business model represent?

Question

Quizplus · Accepted Answer

This business model represents all of the above: cradle-to-cradle management (recycling and refurbishing), a closed-loop system (maintaining and replacing computers), green business (environmentally friendly practices), and a service-oriented economy (leasing rather than selling).

A Computer Company Leases Rather Than Sells Its Computers to Consumers