Monsanto Attempts to Balance Stakeholder Interests
Case Study: Monsanto Attempts to Balance Stakeholder Interests
- Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders?
I don’t think so that Monsanto maintained an organizational culture based on business ethics. They were misleading their stakeholders and were not honest to them. Monsanto was not even involved in environment friendly activities. An example of this is they were involved in producing products like Agent Orange that are not environmental friendly. They are also not good for human health.
- Compare the benefits of growing GMO seeds for crops with the potential negative consequences of using them.
GMO seeds are types of seeds that come with embedded herbicides and pesticides. The advantage of this is that the seed is protected from being eaten by insects other parasites. These seed have proven to grow a plant that is in good condition during its growth compared to seeds that are not GMO. These seeds can prevent the farmers from an initial loss at the start of their crop and hence decrease financial and time loses.
The main disadvantage of these seeds is that they are not environment friendly. They can pollute the earth they are put in and have negative effects on the overall ecosystem.
- How should Monsanto manage the potential harm to plant and animal life from using products such as Roundup?
Monsanto is a large agriculture related company. They have been researching to modify seeds that are genetically modified. These seeds are the main source of producing more crops. But at the same time, they may not be environment friendly. They could reduce the effects of roundups by distributing their fields between genetically modified and non-modified crops.
