Tuesday, April 2, 2013

Monsanto Ethics Case Study

Monsanto Case Study

Monsanto has a huge sales market and is the human races enormousst seed company. They specialize in elementtic engineering, which is a field of biotechnology that manipulates organisms at the agenttic level. Over the rifle few decades, the scientists at Monsanto have been modifying mold genes. In the gene modification process, either the seeds already subsisting genes are adapted or the seed has new genes compound into it. These genetic modifications result in crops that produce higher yields, depart weeks of drought, and resist the invasion of pests and weeds. Monsanto owns the market share of certain crops and well-nigh all the worlds Genetically Modified Organisms (GMO) crop seeds use Monsanto genes (either from companies using Monsanto genes or from Monsanto directly). Monsantos primary crops of reside are corn, throneola, soybeans, and cotton. Monsanto has supporters and of critics ranging from activist and advocacy groups to farmers and governments. Supporters believe that Monsanto aids farmers to gain both revenues and food production. Critics view Monsanto as a transnational menace intent on dominating the worlds food supply and will eventually corrupt the gene pools of many ecosystems in the process.

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Like any other large firm, Monsanto also has the responsibility to maintain an good culture that can respond effectively to stakeholders when issues arise. There are issues with their products that still strike to be resolved including the risks to health and damage to the environment. They also exigency to enforce their code of ethics to mitigate employee misconduct. Although Monsanto has made ethical mistakes in the past, it is trying to remedy this. Monsanto does support charitable clownish causes (farmer training, etc.) and ranked #20 of the top 100 in corporate Responsibility (2009).
Monsanto fought against rBST free milk because it degraded their Posilac profits. Posilac is Monsantos bovine growth hormone (known...If you want to get a abundant essay, order it on our website: Orderessay



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