Which one of the following statements correctly defines the concept of 'Extended Producer's Responsibility'?
- The responsibility of a producer for environmentally sound disposal of the product after the end of its life
- The responsibility of a producer for environmentally sound manufacturing process for the product
- The responsibility of a producer for environmentally sound management of the product from manufacturing stage until it is sold in the market
- The responsibility of a producer for environmentally sound management of the product until the end of its life
