Efficacy Of Monsanto s Ethical Culture - 1419 Words

Case study Analysis Question 1 Efficacy of Monsanto’s Ethical Culture Ethical issues remain relevant aspects for businesses operation and competitiveness. The elements aforesaid ensure that every firm has what it takes to connect well with the community to provide consistent market and productive relationship with other stakeholders. Monsanto Company that was in a tussle with the community over the production of the genetically modified products that seemed detrimental to the society responded by creating awareness to the people about the need for sustainable farming practices (Carroll, 2015). The company notified farmers that the world population was increasingly going up thus a need for sustainable agricultural practices. The company†¦show more content†¦The capability to withstand water shortages and the havoc caused by the harvest passes makes the plants to mature early with its productivity level being high. Regions suffering from food shortages can only undergo starvation for short period before it can start to enjoy the food. On the oth er hand, the abovementioned advantages make farmers engage in profitable farming business with the low level of costs of farm inputs and high outputs. This aspect benefits not only the farmers but also the population that stands to enjoy a large variety of food stuff at their disposal. However, the use of the GM seeds for food production can quickly render a harmful impact to the user. Lee Burrell (2002) stated, â€Å"Intense concerns about the uncertain health and environmental of GM farming have been the subject of high profile debate. The effects of GM farming on existing forms of agriculture, raised by the prospect of cross-pollination by GM seed, provoke similarly polarized views† It is common that genetic engineering process often takes place by joining different genes of plants together to come up with a whole species of the plant. Unfortunately, this process can easily result in coming up with plants with genes that are harmful to the consumers. Most of the genetically modified food staffs canShow MoreRelatedMonsanto, The Sustainable Agriculture Company1189 Words   |  5 PagesIntroduction Monsanto, the sustainable agriculture company has undergone many changes since its beginning in 1901. According to the mission statement the company is currently â€Å"committed to supporting research with academic and USDA scientists who have complementary areas of expertise (Monsanto, 2014).† The company has evolved and diversified its product line from chemical products, such as sweeteners and plastics to petroleum, packaging, and other materials. A few years later, Monsanto developedRead MoreDdt : A Negative Stigma2218 Words   |  9 Pages Pesticides have a very negative stigma in today s culture. Monsanto, their GMOs, and countless pollutants have frightened the American (and frankly world) populace. As such, their benefits are accepted only with chagrin; modern agricultural techniques, despite being laden with the echoes of Malthusian pessimism, have allowed society to profit and proffer further progress. Narrowing in, however, the most celebrated villain is positi vely infamous in name alone: DDT. It would be hard to deny DDT isRead MoreCsr Communication in the Pharma Industry35538 Words   |  143 Pagesinterpretation and understanding of texts† (Shionoya, 2010: 190). Stephen McConnell and Katherine Lewis at Wright State University refer to hermeneutics as â€Å"an inquiry paradigm focusing on the interpretation of meanings inherent in human action† (McConnell, S.; Lewis, K., 1998). In short, hermeneutics proposes that understanding is reached through interpretation. The first part of this study proposes a theoretical framework, grounded on theories from experts in the fields of corporate communication and CorporateRead MoreStrategic Marketing Management337596 Words   |  1351 Pagesorganizations compete Identifying competitors’ objectives Identifying competitors’ likely response profiles Competitor analysis and the development of strategy The competitive intelligence system The development of a competitive stan ce: the potential for ethical conflict Summary CONTENTS vii Stage Two: Where do we want to be? Strategic direction and strategic formulation 7 Missions and objectives 7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 Learning objectives Introduction The purpose of planning EstablishingRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pages22/10/2007 11:54 Page 600 600 Guide to the main focus of cases in the book Introduction to strategy Business environment: general Five forces analysis Capability analysis Corporate governance Stakeholder expectations Social responsibility Culture Competitive strategy Strategic options: directions Corporate-level strategy International strategy Innovation and Entrepreneurship Strategic options: methods Strategy evaluation Strategic management process Organising Resourcing Managing change Strategic