What does Life Cycle Analysis (LCA) assess?

Study for the Penn Foster Principles of Management (BUS 110) Test. Review core concepts with flashcards and multiple-choice questions, each offering hints and explanations. Prepare effectively for your exam!

Life Cycle Analysis (LCA) is a systematic approach used to evaluate the environmental impacts associated with all stages of a product's life, from raw material extraction through production, use, and disposal. This method helps organizations understand the comprehensive effects of their products on the environment over time. By analyzing the input, output, and possible environmental consequences at each phase of a product's life cycle, LCA provides a holistic view that can inform decision-making and promote sustainable practices.

The focus of LCA is primarily on identifying and quantifying the environmental burdens placed on the planet due to product-related activities. This enables businesses to find areas for improvement and reduce negative environmental impacts, thus supporting more sustainable development. The other options, while relevant to different aspects of product development and business operations, do not align with the core purpose of LCA, which is specifically concerned with environmental impact assessment throughout a product's entire life cycle.

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