Furniture according to circular economy principles

Assignment Help Business Management
Reference no: EM133673143

Question 

Your office furniture company has decided that it wants to make its furniture according to "circular economy" principles. This means that when customers are done using the furniture, they can return it to your company instead of throwing it away. Your company then disassembles the furniture products and refurbishes and reuses their parts. No parts are ever thrown away. The office furniture business is very competitive. While many customers have expressed interest in purchasing sustainably made products, they are also price sensitive.

As your company is producing its first product, an office chair, that will be built following circular economy standards, you come across a challenge. You find that it is just really difficult to produce a seating pad that is made out of reusable materials. You have two options: Use a material that can be reused after the chair is returned, or use a material that is cheaper but has to be thrown to the landfill after the chair wears out. If you use the second option, the cost of the chair to your customers will be about 2% less.

Use the weight-of-reasons framework to address this dilemma. Who are all the stakeholders to your decision? What principles will you rely on? Does it make sense to choose the more expensive but more sustainable option?

Reference no: EM133673143

Questions Cloud

Discuss the juvenile delinquency : Media content analysis-select a media example (or examples) and analyze the content for themes related to juvenile delinquency constructions.
Discuss general theories of organisational communication : Discuss some general theories of organisational communication and Evaluate the barriers preventing people from booking holidays abroad
List and explain the five qualities of spiritual health : Summarize the research findings regarding spirituality and stress management (pp. 150-152); List and explain the five qualities of spiritual health.
What is the core problem that the product or service solves : What is the core problem that the product or service solves? What are 2 or 3 key features of the product or service?
Furniture according to circular economy principles : Your office furniture company has decided that it wants to make its furniture according to "circular economy" principles.
What occurs as result of arbitration : Bookmark question for later What occurs as a result of arbitration? Employees refuse to work. Management refuses to allow employees to work.
Transparency in Supply Chains Act : In 2010, California adopted the Transparency in Supply Chains Act. Would that affect your buying decision?
What are the roots of inequality in the modern world : What are the roots of inequality in the modern world? Provide examples from the film... Are people around the world, regardless of color, history, etc..
Research different business intelligence solutions : Research different Business Intelligence (BI) solutions available to the DM and DW and provide a summary of the options available for reporting.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd