Question

Instead of only focusing on how much money can be saved through an investment in LED lighting, Walmart looks at all related costs. This would mean that, in terms of systems thinking, Walmart would consider which of the following? Check all that apply.

Answer 1

Walmart would look at the broader systems implications of LED lighting, including costs related to installation, energy efficiency, environmental impact, and maintenance when deciding on its implementation.

Step-by-step explanation:

In terms of systems thinking, Walmart would consider total cost of ownership (including initial investment, maintenance, and disposal costs), the impact on power plants and subsequent greenhouse gas emissions, the disposal requirements of different bulbs such as CFL bulbs containing mercury, and the compatibility with existing infrastructure such as dimmer switches when analyzing the switch to LED lighting. By considering these factors, Walmart takes into account the complete picture of costs and benefits associated with the implementation of LED lighting.

They would also consider the lifespan of the bulbs, energy efficiency, the spectrum of light produced, and the reduction of energy consumption contributing to environmental sustainability. Walmart's comprehensive approach exemplifies how a focus on systems thinking can drive a regenerative company philosophy that seeks not just cost savings but also environmental regeneration.