Monsanto

1. Does Monsanto maintain an honourable culture that bottom of the inning effectively resolve to motley stakeholders? Monsantos stakeholders are their employees, suppliers and customers, shareholders, investors and communities and they are in trading to profit but they have learned just as our culture has changed, to be more ethically responsible for their contrast and socially responsible to their stakeholders. Though this partnership is no funny to unethical behavior, and has faced around devastating financial consequences. organism known as one of the producers of Agent Orange and the various settlements for $880 Million would not be favorably acceptable for the stakeholders and the thirst to maintain the relationship, they had washed-up peoples lives. There new strategic burster was a more ethical culture, from chemicals that harmed life to bio engineering science, with the potential benefits to ease life. And the new Monsanto broke away from the chemical business and focussed on agriculture, with the herbicide and Roundup Ready seeds. Their reputation took another bumble when it was found toxic waste was disposed of in a creek and landfills in Alabama. The company needed reorganization aft(prenominal) billions in losses. A reputation is one of the hardest things to change, but it can be done over time with corrective ethical actions.

With the Monsanto focused on the genetically modified (GM) seeds and GM foods the company recovered and is now prospering worldwide providing high birth foods and jobs to nearly 20,000 people in 160 countries. Though some groups of stakeholders, such as consumer advocacy groups and some in the lore community remained unchanged and cause public scares and have destroyed crops. Many of the scares were unsubstantiated and the product was misused to appear pernicious but in an industry with new scientific technology fear of the unknown is present and to be expected oddly the fear of unknown long term effects, even though the FDA has declared biotech crops safe and... If you want to get a good essay, order it on our website: Orderessay

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