CASE 1 Monsanto Attempts to Balance Stakeholder Interests INTRODUCTION When you think of Monsanto, the phrase genetically modified likely comes to mind. The Monsanto Company is the world\'s largest seed company, with sales of over billion It specializes in biotechnology, or the genetic manipulation of organisms. Monsanto sci entists have spent the last few decades modifying crops-often by inserting new genes or adapting existing genes within plant seeds-to meet certain aims, such as higher crop yields or insect resistance. Monsanto develops genetically-engi eered seeds of plants that can survive weeks of drought, ward off weeds, a kill insects. cally modified (GM) seeds have reased the quantity and availability of crops, helping inc farmers worldwide increase food production and revenues. Today, 90 percent of the world\'s GM seeds are sold by Monsanto or companies that cr Monsanto genes. Monsanto also holds a 70 to 100 percent market share on certain Yet Monsanto has met its share of criticism from sources as diverse as governments, farm- ers, activists, and advocacy groups. Monsanto supporters say the company creates solu tions hunger by generating higher crop yields and hardier plants. C destroying the multinational giant of attempting to take over the world\'s food supply and a Since is new critics also express concerns possibility of negative health and environmental effects from biotech Harris Poll Monsanto is considered to be the fourth most hated company in the United States. However, these criticisms have not kept Monsanto from becoming one of the world\'s most successful businesses. This analysis first looks at the history of Monsanto as it progressed from a chemical company to an organization focused on biotechnology. It then examines Monsanto\'s cur- eeds, including stakeholder concerns regarding the safety focus on developing GM and environmental effects of these seeds Next, we discuss key ethical concerns, including organizational misconduct and patent issues. We also look at Mon corporate sibility initiatives. We conclude by examining the challenges and opportunities that Mon santo may face in the future. \"This case was prepared by Jennifer sawayda and Danielle Jolley for and under the direction of oc and Linda Ferrell o 2015. It was prepared for classroom discussion rather than to illustrate either effective or were tive handling of an administrative, ethical, or legal decision by management. All sources used for this case obtained through publicly available material.
Answer:
1. No, Monsanto seems to have recently tried, but still fails to even create an ethical culture that can effectively respond to various stakeholders. Considering how many problems over how long of a time Monsanto has made them, they continually get legislation regarding their product passed in countries, including America, through unethical means.Their product in itself harms the stake holders they have identified in both direct and indirect ways, from endocrine disrupting, teratogenic, and carcinogenic effects, as well as the weakening of the life support systems of our planet. Before an ethical culture can be achieved, an ethical product must be considered and implemented.
2. The benefits of growing GM seeds for crops is that you can put herbicides and pesticides in the seeds to prevent insects from eating them. It can also protect from weeds overtaking and killing the crop. This helps farmers grow crops successfully which increases their profits. This allows them to save money at the same time. However, on the downside this can prove harmful to people who consume them. There is a threat to the environment of contamination.
3. The only ethical way to manage this, from nearly any of the standpoints we\'ve discussed from the teleological to the deontological to the value ethics is to completely halt the production and distribution of Roundup while refocusing their work on GMO\'s to halt the focus on Roundup Ready phenotypes. The harm it causes to bio-indicator species like tadpoles as well as the documented harm to human cells, should be enough to stop polluting our ecosystems with this.
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