Premium Essay

Best Buy Fights Against Electronic Waste

In:

Submitted By kaylasimpson23
Words 498
Pages 2
Best Buy Fights Against Electronic Waste
1. Why do you think Best Buy has been able to gain competitive advantages in the retail electronics department while also driving many initiative to support sustainability?
I think that Best Buy has been able to gain a competitive advantage in the retail electronics department while also driving many initiative to support sustainability because they are doing things that get the attention of their customers. They offer the recycling of your old electronic devices, also the Geek Squad is a great attribute to the company, it gives you added support to not have to worry if something goes wrong with your electronic there is someone there to walk you through how to use it or to fix it for you. Best buy is a customer-centered organization that aims to achieve better customer relations, continual engagement in customer dialogue, and better understanding of customer needs and preferences. They utilize Facebook, Twitter, blogs, and bestbuy.com, to gather customer feedback.

2. Do you think the resources that Best Buy is dedicating to help consumers recycle their old electronic devices represent a good investment for Best Buy?
Yes, I do think that this is a great investment for Best Buy. The issue of e-waste has increased in importance among consumers. In 2007 the company made their first CSR so that consumers could know what Best Buy is doing in sustainability. When you think about it, what do people usually do with their old cell phones? Instead of recycling them they usually just throw them out especially if they are broken. “Without any clear idea of how to recycle these electronic items, consumers were often forced to throw them away—contributing to a greater amount of e-waste in landfills”(510). This hurts our environment, and Best Buy is taking an initiative with this as there are lot of people who are concerned about our

Similar Documents

Premium Essay

Best Buy Fights Against Electronic Waste

...http://danielsethics.mgt.unm.edu Best Buy Fights Against Electronic Waste INTRODUCTION Although Best Buy has not been in business as long as other established brands, the company is a well-known name both within and outside of the United States. As the largest consumer electronics retailer in the world, it ranks number 72 on the Fortune 500. To maintain its competitive advantage against rivals in specialty electronics, Best Buy is engaging in competitive pricing strategies, international expansion, and the targeting of a younger demographic. In addition to discounted and high-quality products, Best Buy became known for its customer-centered approach and sustainable outreach. After realizing the importance of sustainability to its customers, Best Buy implemented an extensive recycling program. In the process, Best Buy earned itself a name as a socially responsible company. The company also adopted programs and systems to provide flexibility and aid to its employees. This case provides a brief history of Best Buy, including details on its expansion and the models it implemented to become a success. Next, we discuss Best Buy’s vision, along with the actions the company is taking to turn its vision into a reality. We briefly analyze Best Buy’s community outreach programs and look at its large-scale environmental initiatives, particularly those regarding energy savings and recycling. Finally, we examine some of the challenges Best Buy is encountering as it struggles to...

Words: 5373 - Pages: 22

Free Essay

Environmental Ethics

...Environmental Ethics In today’s global environment, environmental ethics have become a required practice for everyone around the world. Creating effective strategies for protecting the environment often brings ethical issues to the forefront. When people are confronted with the issues of how to get rid of hazardous waste, air or water pollution, ethics play a major role in the decision when there is an absence of laws to manage the issue. Environmental ethics is the scientific study of various issues related to the rights of individual on the environment. It is the moral relationship of human being with the environment (Jyoti 94). The actions humans do while on this Earth can affect the rights of all the beings today and in the future. Knowing what is right and wrong can help protect future generations. One must know the standards to help conserve the Earth’s resources and the consequences if they do not. Environmental ethics is a moral theory that grants moral significance to entities beyond those that are human beings (Jyoti 94). This means that humans not only have rights but all living organisms as well. We must not forget we are not the only creature living and breathing on this Earth. Amar Jyoti points out that there are two ways to approach environmental ethics: Anthropocentrism or humanistic approach and Non-anthropocentrism or ecological approaches. Anthropocentrism states that only humans have intrinsic value or value in themselves. All other things have only...

Words: 2023 - Pages: 9

Premium Essay

Is Whole Foods Focus on Stake Value or Shareholder

...Wal-Mart’s performance and shareholders are inter-related, shareholders are concern about company performance because it will affect shareholders interests if company not doing well in their business. Wal-Mart main focus is to uphold and maintain it responsibilities to shareholders and follows free the market libertarianism model. Milton Friedman model was that Corporate Social responsibility a corporation to provide profit for it shareholders. Wal-Mart does not look at people welfare as one of the things that they need to promote they look at as cost of doing business. They are keeping the wages low to keep the profits. Employees constant complaining about job related issues, training and advancement opportunities. What Wal-Mart is up against...

Words: 4698 - Pages: 19

Free Essay

Ewaste

...| E-waste: A Deep Dive and Potential Business Opportunities | MRS PROJECT- Group 7 | | | Abhishek Pal | B14003 | Harish VVK | B14025 | Meenhaz Ahmed | B14034 | Shoutik Chakrabarti | B14051 | Snehanshu Gupta | B14054 | Arunava Ray | B14137 | | | Introduction Technology is in literal terms going to waste. In terms of electronics the world is progressing by leaps and bounds. However the recycling and handling of old, discarded and outdated electronics has not been able to keep pace. A startling fact- It is approximated that 87.5% of the world’s e-waste is not recycled! In India 40% of old, outdated and discarded electronic items languish in homes and warehouses. India is expected to have an 11% share in the global consumer electronic market by 2015. One of the biggest complaints by many environmentalists is that companies price replacement parts and repair services at unattractive rates so that consumers would prefer buying no products. This has added to the e-waste conundrum. We have discussed later an example of Nintendo breaking away from this clutter Fig. Device explosion globally Fig. The World’s highest gross e-waste producers Fig. The World’s highest e-waste Producers per Capita Fig. EPA data from “Municipal Solid Waste Generation, Recycling and Disposal in the US, 2012 ,” India is not far behind, generating 13,00,000 tonnes of e-waste annually. Fig. Projection of e-waste generation in India Quite obviously, it were...

Words: 5872 - Pages: 24

Premium Essay

Gamestop Analysis

...1GameStop brief profile of the firm The GameStop Company, an American video game and entertainment software retailer, ranked 262 on the Fortune 500. GameStop represent as GME on the New York Stock Exchange. In 2011, GameStop stock price is $24.70 ended January 27, 2012, a 23 percent growth compared to $20.05 ended January 28, 2011. Compared to many firms that restore its business difficultly from Financial Crisis, GameStop have significant growth for its overall operating. One of the major reasons that GameStop can quickly recovered from economic recession is its international business. Product GameStop Company major operations are selling new and used video game systems such as console, handheld video game devices, and mobile; software and accessories, PC entertainment software and related accessories. typical market for your product GameStop have its retailer store and online video game retailer. Detail how large the company is GameStop’s recorded $4847.4 million as company’s 2011 ending assets, and recorded $1807.2 million. Lower liability compared to its assets, lower risk to operating its business. Which can prove that GameStop have capability to doing business internationally. Data from GameStop 2011 annual report showed GameStop’s total revenue can be divided into 4 major parts. New video game software, which is $4,048.2 million, takes total 42.4 percent for its total revenue. New video game hardware took 16.9 percent. Used video game products took 27.4...

Words: 3264 - Pages: 14

Free Essay

Unit 4

...……………………………..p44 6. Electronic Communication………………………………………………………………………p49 Attachments * Filled in Questionnaires * Sales Letter * Terms & Conditions – Scotch & Soda * Leaflet * Promotion Poster Introduction Welcome to my unit, In this unit I’m going to discuss Business Communication, there’s a lot of different kind of communication. The company I’ve used in this unit is Scotch & Soda, Scotch & Soda is a Dutch brand created since 1985. The company does not believe in target groups, but just does his best to keep it simple. They want to create products that look good, good quality and also contemporary and affordable. The clothing must do according to the word Scotch & Soda. Scotch & Soda currently consists of 3 lines; Scotch & Soda for men, for women Maison Scotch and Scotch Shrunk for young boys. From January 2011 there will also be a line for young girls launched called Scotch R'Belle. The Dutch brand now distributes to 31 countries worldwide. Scotch & Soda is a unique concept and that radiates the store too. It is a true experience, the recognizable scent, which is too smell of feet away, is characteristic of Scotch & Soda. The Persian rugs trigger of the store, are characteristic. The various departments of the store (men, women and children) are all designed differently, but they do form a whole together. I’ve chosen this company because I like their clothes and I think it’s the best Dutch fashion brand...

Words: 7875 - Pages: 32

Premium Essay

Physics

.........................6 Recycling Automotive Products ......................9 Recycling Bulky Waste ................................10 Commercial Recycling .................................11 Construction & Demolition Material .............12 Special Recycling Programs & Education ......13 Electronic Waste (E-Waste) ..........................14 Green Waste Recycling ...............................15 Recycling Hazardous Waste ........................16 Junk Mail ....................................................18 Recycling Market Development Zone ...........19 Waste Disposal Site Locations & Schedule ....20 A - Z Directory ............................................21 Illegal Dumping ..........................................30 www.KernCountyWaste.com IMPORTANT RECYCLING/ WASTE CONTACT NUMBERS Kern County Recycling Hotline ............................(661) 862-8979 Kern County Waste Management Department Local ........................................................................ (661) 862–8900 Toll-free ......................................................(800) 552–KERN option 6 ..................................................................... (800) 552–5376 option 6 TTY – ready............................................................. (800) 735–2929 Website .................................................. www.KernCountyWaste.com City of Bakersfield Solid Waste Division...........(661) 326–3114 Website ......................................................

Words: 12503 - Pages: 51

Premium Essay

Humn 432 Course Project

...Course Project: Team A DeVry University - Online Technology, Society, and Culture HUMN 432 Aimee James 19 February, 2012 Abstract Here we as a six-member team collaborate to delve into this fascinating industry, taking a trip from describing the technology and its graphics, through its myriad history. Furthering these endeavors continues this journey into the influences surrounding this titanic industry, exploring political, legal, physical, and both positive and negative influences alike. Then taking a decidedly tactic turn into the economic questions and considerations, exploring the aspects of economic growth, prediction of future growth in the industry, as well as showing there is a consistency in the overall economy of this industry, and then traveling into the various changes this specialty has changed the economy as a whole. Continuing further we explore the psychological considerations and sociological effects of this industry, summarizing that it all comes down to personal responsibility and accountability when it comes to making choices in any and all things in life. Furthermore, the topic of violence in video games and the tendencies they create, plus the ever continuing debate this topic will forever have shrouded around it, gets a dose of reality. Admitting gaming addiction and denying a link to increased aggression due to video games is also pondered. The next section after this is all about the technology we so love and admire as a society...

Words: 20783 - Pages: 84

Free Essay

Tfdfg

...ESSAY FOR SBI DESCRIPTIVE TEST CYBER CRIMES Millions of people around the world use computers and the internet every day. We all use it in school, work even at home, computers have made our lives easier it has brought so many benefits to the society but it has also brought some problems and cybercrimes with them. Today, the world is moving towards a point where everything from banking stock exchanges, are traffic control, telephones to electric power, health care, welfare and education depends on software. This exponential growth, and the increase in the capacity and accessibility of computers coupled with the decrease in cost, has brought about revolutionary changes in every aspect of human civilization, including crime. As a result, the increased capacities of information systems today come at the cost of increased vulnerability. Information technology has begun to produce criminal opportunities of a variety that the brightest criminals of yore could not even begin to dream about. The term “Cyber Crime” has nowhere been defined in any statute or Act passed or enacted by the Indian Parliament. Any criminal activity that uses a computer either as an instrumentality, target or a means for perpetuating further crimes comes within the ambit of cyber crime. It is rapidly evolving from simple e-mail mischief where offenders send obscene e-mail, to more serious offences like theft of information, e-mail bombing to crashing servers etc.There are various forms of cyber crime like...

Words: 10004 - Pages: 41

Premium Essay

Management

...progress has brought many benefits to humanity, while some applications of science have had adverse impacts. Young people were invited to express their vision for the future of science, and the kind of studies or researches they wish to engage in. 4,506 essay entries were received from as many as 134 countries. This publication contains a total of 16 essays: First Prize, Second Prize and Third Prize winning essays in Children's and Youth categories respectively. Representing various cultures and backgrounds, the essays contain creative and innovative ideas of young people, who are ready to make use of their talents and energy for their community and the world. We trust that these essays will inspire the readers to think about how we can make best use of science and technology in the 21st...

Words: 13935 - Pages: 56

Free Essay

Minimalist Connotations in 'Fight Club'

...Minimalist contentions: Fight Club Introduction Chuck Palahniuk is one of the most influential American fiction writers who emerged in the 1990s. His debut novel, Fight Club (hereafter: FC) reached cult status after the film adaptation by David Fincher was released in 1999, and widespread and divided critical reception was soon to follow. Much of the current debate about Fight Club focuses on the political implications of the text, but most often recourse to it by way of referencing the film. These arguments usually question or celebrate the transgressive potentials of the book (Giroux; Mendieta), or address issues of masculinity brought into the fore by their literary and cinematic representations emergent in the same decade (Tuss; Friday). However, few, if any, have addressed the literary aspirations of the text and its author. Although none of the approaches to the thematic concerns of Fight Club are unjustified, in the argument that follows I will suggest that conclusions drawn and critical judgments passed have been hasty, and not only failed to take into account the formal aspects of story-telling, but that the narrative features of Palahniuk’s text have largely went unexplored, and constitute a blind spot of the reception. Critics condemning or acclaiming the novel, and, indeed, many a cultic reader of Palahniuk ignored Fight Club as a literary narrative, and have inadvertently been repeating the catchphrases of the text, either reinforcing or trying to undermine what...

Words: 7514 - Pages: 31

Premium Essay

Miss

...1. Define the Industry in Question: Postal Services 2. Vision Mission Statement: Australia Post is committed to providing high-quality mail and parcel services to all Australians. Mission We will meet our customers' changing needs by providing: innovative and easy-to-use products and services; friendly service by knowledgeable staff; consistent on-time delivery; value for money; and modern, efficient networks. We will build our people's commitment to these goals by: promoting job satisfaction; encouraging participation in the success of the business; recognising outstanding service to customers; and rewarding outstanding performance. (Ref: Australia post website) 3. Strategy Followed: Focus strategy as they will be more customer focused and specifically in the e-commerce businesses. 4. Is it a Global Company: It is a government business enterprise and also a self-funding business. 5. Key Products & Service Segments: Mail and parcel deliver services, postage stamps, mail sorting and distribution in Australia and overseas, messenger services, and mailbox rentals and post office facilities. 7. Turnaround point of the company: Future ready business transformation program because Australia Post has the lowest profit in 20 years and held only 1% of the market share on written communication. The remaining was carried on email, texts or social networks. 8. Industry is at decline stage. They had the lowest profit in 20 years in 2010...

Words: 2596 - Pages: 11

Premium Essay

Jim Poss

...4 Chapter Four Clean Commerce SEEING OPPORTUNITIY THROUGH A SUSTAINABILITY LENS1 We believe that there’s a cure for resource waste that is profitable, creative, and practical. We must create a company that addresses the needs of society and the environment by developing a system of industrial production that decreases our costs and dramatically reduces the burdens placed upon living systems. Ray Anderson, Founder Interface, Inc. Greentech could be the largest economic opportunity of the 21st century. John Doerr Kleiner, Perkins, Caufield, and Byers Results Expected Upon completion of this chapter, you will be able to 1. Discuss the pressures and demands in the marketplace that are driving opportunities for entrepreneurs with an eye toward sustainability. 2. Explain ways that entrepreneurial companies can gain competitive advantage by orienting products and processes that take environmental issues into account. 3. Describe the role that sustainability plays in building dynamic and profitable ventures. 4. Discuss the five facets of looking through a sustainability lens, and describe their impact on opportunity assessment, resources, and the team. 5. Provide insights into and analysis of the Jim Poss case study. Copyright © The McGraw-Hill Companies, Inc. Clean Commerce Is an Opportunity Sea Change As noted by perhaps the most famous modern venture capitalist in the world, John Doerr, the clean commerce and sustainable enterprise movement is 1 one of the...

Words: 13975 - Pages: 56

Premium Essay

Comparative Evaluation of Service Operations

...this report is to compare these service operations across six major categories:   I. II. III. IV. V. VI. Nature of Services and Classification Competitive Factors Tools and Service Strategies Service Operating Systems Service Quality and Benchmarking Facility Location and Site Selection Each section will be followed by a comparison and evaluation of the service operation systems within that section. The five service organizations that we will be examining in this report are: Best Buy, Wal-Mart, Sak’s Fifth Avenue, Amazon and the specialty kiosk I Play N Talk.     Service Organizations Best-Buy Best Buy was founded by Richard M. Schulze in 1966 and has become a powerhouse in the consumer electronics industry. Their headquarters are in Richfield, Minnesota and they operate in the US, Mexico, and Canada. BestBuy has grown into a huge retail chain spanning over 1,400 stores. They started by the name “Sound of Music” in 1966 until 1983 where it was renamed to what we know it now as Best-Buy. Best-Buy employs around 125,000 people and they generate $40 billion annually. Amazon Amazon is not like most businesses. Although its headquarters are located in Seattle, Washington; it does not have a store location where customers can physically shop for productions. Their website, Amazon.com, serves as a market for buyers and sellers to do business with one another online. Amazon has many distribution systems throughout the United States that deliver productions to customers. To operate...

Words: 13435 - Pages: 54

Premium Essay

What Could Be the Future Perspectives of Apple over the Strategic Issues in Order to Maintain Its Competitive Advantage?

...competitive advantage? Introduction I – A Sociology of Steve Jobs A) Steve jobs: the perfect illustration of a charismatic authority B) Steve Jobs: does he really is an inventor? C) From death to succession II – How does Apple react about the uprising competition on the consumer electronic market? A) Understanding the market B) External and Internal analyze through specific models C) Major changes on the market D) Apple’s strategic positioning: a specific target audience III – Recommendations and Justifications A) Drawing of frightening competitor B) Possible strategies C) What Apple is looking for and how to reach it? Conclusion Appendix Introduction In a period of financial turbulences, the consumer electronics market is facing several challenges where every company have to differentiate themselves and bring something more through innovation in to be able to maintain their competitive advantage and to grow their market share. In this case, Apple, great name, is probably the most innovative corporation established on this market by staying aware of the trends evolutions as well as of the electronics consumers’ needs to gain competitive advantages. Indeed, its orientation over frequents innovations, a precise listening of its consumers’ needs and expectations, as well as a particular response to competition have allowed the company to become a renowned brand. Thus, Apple is an American corporation...

Words: 16190 - Pages: 65