...Leona Razdrih 9/23/2013 MONSANTO I chose to write about Monsanto, they are a company who has sued and have been sued. I thought I would pick out and would choose one major lawsuit and write about that in my final paper. Now, I am going to give you a brief summary of the history of the company. Monsanto was founded by John Francis Queenie in 1901, in St. Louis Missouri. He named the company after his wifes Maiden name Monsanto , John was a 30 year veteran in the pharmaceutical business. He invented quite a few things One of his first products was artificial sweetener called saccharin. That was sold to Coca-Cola. By the 1940’s the company was a major producer of plastics which included polystyrene and synthetic fibers. The scientists from Monsanto had a breakthrough research on catalytic asymmetric hydrogenation and they were the first company to mass produce LED lights. Monsanto Company is headquartered in Missouri. It is a leading producer of genetically Engineered seed and the herbicide glyphosate, which is marketed under the brand name of Round-up. This is what I’m generally concerned about, I use this product Roundup for my weeds and have heard that glyphosate is safe and non-toxic, from the research I have been doing that’s not the case. Glyphosate is an active ingredient in some common herbicides used in farming and gardening. This chemical is sprayed on the roadside when people are driving, schoolyards and sports Fields, exposing kids...
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...Microeconomics Term Paper The topic of my paper that i have chosen to write about involves the agricultural industry, as it stands today, and the trend that has been taking place over the last couple of decades in the industry. More specifically companies like Monsanto, DuPont, and Dow and their growing takeover and market power of the industry in the United States and globally. As we learned in class compared to other industries like the automobile industry or steel industry, the agricultural industry best meets the characteristics of perfect competition. Though this is probably true as far as selling produce to grocery stores and consumers directly, my focus is on the seed supply that farmers are using to produce things like soybeans, corn and cotton. My interest in this topic stems from articles and news that i had caught my attention. I first heard of Monsanto in regards to large numbers of farmers committing suicide over in India. Since 1995 nearly 300,000 Indian farmers had committed suicide because of insurmountable debt due largely to the introduction of Monsantos (bt) cotton in the country. The (bt) refers to bacillus thuringienis, which contains 200 different proteins which naturally produce chemicals harmful to sellective insects. This is considered genetically modified seed and Monsanto has patent technology on this seed. During this period of "suicide economy" in India there was an increase in price per kilogram of cotton seeds from 7 to 17000 rupees. From...
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...Communications in Business Critical Essay Monsanto A Review of Performance of Monsanto On Genetic Modified Planets to Environment and Mankind Boyang Xu 16004593 Semester Two 2012 Bentley Campus Tutor: Wisdom Jo Tutorial Time: Thursday 14:00-16:00 Email: xby_remind@msn.cn The past century saw huge changes in the business world. The challenge of business is changing rapidly over time. Nowadays, companies are attaching greater importance to their Corporate Social Responsibility(CSR) instead of focusing on seeking greatest profits only. Customers are becoming more and more concerned with large multinational companies' performance in respective of their social responsible manner,especially those multinational companies such as Monsanto.The Monsanto Company is an American based multinational agricultural biotechnology corporation,the world's leading producer of the Genetically Modified seeds (Monsanto, 2012a) This paper will review the social performance of Monsanto's various products to mankind, and analyze the impact of these performances on two key stakeholders: the communities Monsanto conducting business operations in and shareholders of the company. An on-balance conclusion about the company's performance in society will be provided at last. With regard to its social performance, Monsanto has always been devoted to the sustainable development of human beings. People around the world rely heavily on agriculture and the farmers working hard to satisfy their...
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...Microeconomics Term Paper Tyler Pangborn ECO 204 – Dr. Essuman May 12, 2014 The topic of my paper that I have chosen to write about involves the agricultural industry, as it stands today, and the trend that has been taking place over the last couple of decades in the industry, more specifically, companies like Monsanto, DuPont, and Dow and their growing takeover and market power of the industry in the United States and globally. As we learned in class compared to other industries like the automobile industry or steel industry, the agricultural industry best meets the characteristics of perfect competition. Though this is probably true as far as selling produce to grocery stores and consumers directly, my focus is on the seed supply that farmers are using to produce things like soybeans, corn and cotton. My interest in this topic stems from articles and news that I had caught my attention. I first heard of Monsanto in regards to large numbers of farmers committing suicide over in India. Since 1995 nearly 300,000 Indian farmers had committed suicide because of insurmountable debt due largely to the introduction of Monsanto’s (bt) cotton in the country. (Bt) refers to bacillus thuringienis, which contains 200 different proteins, which naturally produce chemicals harmful to selective insects. This is considered genetically modified seed and Monsanto has patent technology on this seed. During this period of "suicide economy" in India there was an increase in price per...
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...Patenting the Gene Bioethics/Class Final Professor: Dr. Malcolm Hill Patenting the Gene Monsanto, a Fortune 500 company, developed a genetically modified canola seed that was Round-up resistant. In 2004, Monsanto Canada Inc. brought a civil suit against Percy Schmeiser and Schmeiser Enterprises Ltd. Monsanto claimed in their suit that Schmeiser had used its genetically modified canola seed in his fields in 1997-98 without paying a patented licensing fee. Schmeiser responded to this suit by saying that the seed had accidently contaminated his fields in 1997, and that due to this contamination, the crop seed that was saved and planted the next year was also contaminated because he was unable to distinguish between the contaminated seed and his own. However, the courts believed that it was his business to know that he was planting and growing this genetically modified seed and found for the plaintiff. They stated that the crops were indeed his; however, when using a product that achieves monetary gain, the user must pay to use it, even if it is only a small part of the product. Although he did not have to pay out for damages, he did have to be out a sizable amount in court fees and had to burn all seeds (Gibbons, 2012) In this paper, I will discuss the probable reasons as to why Monsanto believes there is an increase of crop production, how the government involves itself with matters such a patents on genetics, how farmers feel about growing genetically modified plants...
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...Lane, Henry ; Maznevski, Martha ; DiStefano, Joseph & Dietz, Joerg. (2009) International management behavior : leading with a global mindset. 6th ed. Hoboken, N.J. : Wiley. "Montsanto Europe (A)", pp. 119-133. CASE 1 Monsanto Europe (A)1 We should diligently explore the possibilities of non-chemical methods [of pest control] ....Until a large-scale conversion to these methods has been made, we shall have little relief from a situation that, by any common-sense standards, is intolerable.2 Erwironmentalist Rachel Carson, author of Silent Spring On November 5, 1996, the captain of Ideal Progress piloted the large freighter into the calm waters of Hamburg harbor. Suddenly the still autumn air was pierced by a shrill noise and large floodlights momentarily blinded the captain. The engines ground to a halt as some of the deck crew gathered around the bow to listen to the chants of their strange assailants. The captain was one of the few who understood what the commotion was about; a Greenpeace ship had come to protest the arrival of the first shipment of genetically modified soybeans from the United States. IVEY Richard lvey School of Business The University of Western Ontario � Northeastern � U N I V E R S I T Y David Wesley, Professors Francis Spital and Henry W. Lane prepared this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors...
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...org California Office 25 Stillman St., Ste. 200 San Francisco, CA 94107 tel: (415) 293-9900 fax: (415) 293-8394 info-ca@fwwatch.org www.foodandwaterwatch.org Copyright © 2013 by Food & Water Watch. All rights reserved. This report can be viewed or downloaded at www.foodandwaterwatch.org. A CORPORATE PROFILE Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Company History . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Modern-Day Monsanto . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Monsanto’s Environmental Impact . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Market Share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Figure 1. TIMELINE: A Selected History of Monsanto . . . . . . . . . . . . . . . . . . . . . . . 6 Influence on Government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Figure 2. Monsanto’s Interlocking Board Members . . . . . . . . . . . . . . . . . . . . . . . . 9 Figure 3. Monsanto’s Revolving...
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...Monsanto Paper By Raikirat Sohi MBA 505 Foundation of Management A. Hetro Jay S. Sidhu School of Business and Management November 18, 2014 COMPANY HISTORY AND PROFILE Monsanto is one of the Fortune 500 Company with its headquarters located in St. Louis, Missouri, United States. It employs 21183 employee globally providing 146 facilities in In USA alone, it employees 10277 employees distributing 404 facilities over 66 countries (Monsanto, 2014). It is an American multinational agrochemical and agricultural biotechnology corporation. It serves its customers with products ranging from agricultural and vegetable seeds, plant biotechnology traits to crop protection chemicals. In present times it is the leading manufacturer of genetically engineered seeds and herbicide glyphosate marketed under brand name round up (Monsanto, 2014). It was founded in 1901by John F. Queeny with his wife Olga Monsanto Queeny. The first produce that was manufactured by this company was saccharin (the artificial sweetener) that was sold to Coca-Cola Company. By 1905, Monsanto benefitted ad progressed through the sale of vanillin and caffeine. During the time of World war 2 Monsanto was unable to import chemicals that were needed by them from Europe so in order to compensate that it started producing chemicals on its own. Monsanto went public in Stock exchange in 1929. During this era of 1920’s Monsanto expanded in chemical industries producing sulphuric acid and PCB’s. Monsanto’s first PCB manufacturing...
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...Juan Colon GE217 Composition II Mr. Cardew Final Paper August 30, 2012 Monsanto and Genetically Modified Foods Monsanto is an agricultural biotech corporate giant that genetically modifies animals and crop seeds. On their website, they come across a deeply committed humanitarian organization that provides an ecologically sustainable answer to global hunger and malnutrition. The sad reality is that Monsanto is a wolf in sheep’s clothing, and perhaps one of the most unethical corporate giants in the world today. I will argue that Monsanto is on a power trip, and that they have a hidden agenda that has nothing to do with compassion, ecology or human hunger, and everything to do with greed. In the following paragraphs, I will provide a brief history of Monsanto. Then I will examine some of the promises made in their marketing propaganda, and provide evidence that these promises are little more than blatant lies. Monsanto started out in 1901 developing a highly controversial artificial sweetener called saccharine. Monsanto eventually shifted their focus to genetically modified plants and animals. They are still a major chemical production corporation, developing and marketing Roundup and several other herbicides, Bovine Growth Hormone, and genetically modified seeds. Among the most widely recognized of their genetically modified products include corn, soy and canola. These seeds have a gene inserted that makes them resistant to Monsanto's own herbicide called Roundup. These...
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...Monsanto Place and Price Analysis Fundamentals of Marketing and Sales BUS3030 Pamela Vest PLACE Distribution Channels Monsanto, an agriculture company, creates, produces, and provides genetically modified seeds to farmers around the world. With the issues of agriculture, Monsanto is working to produce more, conserve more, and improving lives (Monsanto, 2014). As the world’s population grows and not enough of land suitable for agriculture, farmers must produce more. Farmer’s crops yield more, and are reducing water, nutrients, and energy by using the Monsanto seeds. Monsanto creates genetically modified seeds in labs, by taking two good parents and breeds them to produce an offspring plant that is suitable for a certain agricultural area. With manufacturing plants, seed production facilities, and research centers scattered around the world, Monsanto distribution channels are focused around the geographic area near these facilities. Monsanto produces the seeds in their plants and must produce and distribute enough to meet the weekly high demands of farmers. With the precise timing the production and distribution plans due to the high demand, make for a more credible business approach. Monsanto manufacturing plants lack the storage spaces for the seeds, resulting in Monsanto having to use Public Storage facilities. Once at the public storage facilities, seeds are then delivered to distributor warehouse, and then they are delivered to retailers, whole sellers, trade...
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...that GMOs is bad for us. The purpose of this paper is to show that GMOs is perfectly safe for consumption. First of all, what is Genetically Modified Organisms (GMOs)? GMOs are “organisms whose genetic material has been artificially manipulated in a laboratory through genetic engineering. (The Non-GMO Project)” We modified these organisms so that it is beneficial for us. For instance, some crops are modified to have resistance towards insect resistance or herbicide resistance and some even beneficial for our health like golden rice- a type of rice which is genetic engineered to solve the problem of vitamin A deficiency in poor country, this kind rice is rich in provitamin A which will be converted into Vitamin A by our body (Charles). However, this technique of modifying organisms emerged thousands year ago; by using artificial selection but not in a laboratory, we select and breed organisms that has desirable trait, like, “faster growth, larger seeds or sweeter fruits.” (Pat Byrne et al.) Today, GMOs that we are talking about are actually Genetically Engineered Organisms or “transgenic” organisms where the modification is done by inserting a desirable gene into the target species. (Jamiepighin) Negative connotations are often associated with GMOs as the opposition claim that GMOs is horrible for our health due to its artificiality. According to Séralini et al., GMOs cause increased rate of cancer in rats. However, this research paper has been thoroughly discredited, because multiple...
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...by the Monsanto Company. This drug was produced to increase milk production in cows. The FDA approved BGH in 1993 for use in dairy farming, the usage of BGH began in 1994. After the first batch of milking it was seen that cows began to die (Wade, 1). The BGH was forcing the dairy cows to create milk faster then they could eat. This was causing their milk producing glands to extract calcium from the bones of the cows. This caused the cows to become weakened and fall down. It is also noticed that an increased occurrence of mastitis, which is an infection of the cows utters. (Wade, 1) The infection is cured by a regime of antibiotics, which make it into our milk. It is also seen that there is no legitimate use to BGH. In the United States there is a surplus of dairy products, meaning that with the use of BGH small farmers will be run out of business by the factory farms. They can produce larger quantities of milk and be able to sell them at lower prices. The production of the Bovine Growth Hormone in order to help the dairy industry has become a controversial issue since its usage approval. In today’s world being a socially responsible company is not only a trending fad but also it is almost a requirement by the consumers. Many companies have labels stating things like “dolphin free” or “BGH free.” The merchandisers use these labels to increase their sales with the socially responsible consumers use both of these labels. In the instance with BGH free labels many companies are putting...
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...Impacts of Genetically-Modified Crops and Seeds on Farmers Prepared by David Kruft, Legal Research Assistant November 2001 I. Introduction The agriculture industry has traditionally been supportive of technological advancement, particularly in the field of genetic crop improvement.1 For decades, the industry has been mixing naturally the genetic traits of seeds in the search for particularly robust varieties. Genetically-modified (GM) seeds are a significant step forward in the production of agricultural crops. GM seeds are seeds that have been modified to contain specific characteristics such as resistance to herbicides (in the case of "Roundup Ready" products) or resistance to pests (in the case of Bt corn). But the method of modification used with GM seeds varies from the traditional method in an important respect: the genes have not been modified over generations of cross-fertilization, but rather inserted directly into the DNA of the seed.2 Although this method is more efficient, critics fear that the result — a "novel gene combination" — may have health or environmental impacts that are not being adequately addressed.3 As a result, the technology is surrounded by significant controversy. The reaction of farmers to this new technology has been mixed. Some farmers have quickly adopted the technology.4 Other farmers, mindful of the controversy surrounding GM products, have hesitated to use GM seeds as part of their agricultural operations. Farmers should...
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...ethics in business, which comprise integrity honesty, and equality, play a significant role in the administration of a flourishing business as this role of a business process allows for a characterization in the differences between incorrect and correct principled conduct. Furthermore, having strong ethical standards help an organization in gaining a competitive advantage (Johnson, 2008), and it ensures that the workforce is following the established rules and code of conduct by the leaders of her or his organization. To increase the importance of strong ethical significance, this paper will clarify the role of ethics, sustainability, and social responsibility in relative to an organizations strategy. Furthermore, consideration will be given to the assortment of shareholders that control a business stratagem. Lastly, classification will be given to at least one (or more) examples of a company that exemplifies social responsibility and sustainability in their daily functions. Ethics, Social Responsibility, and Sustainability Ethics, social responsibility, and sustainability are several factors that traditionally have an effect (either negative or positive) on the strategy of an organization’s. For example, a business’s ethical value can have an extensive influence on many levels an organization: ➢ Public Image and credibility: image is how a business is viewed by the entities or people within their environment. A lack of credibility and trust can place distrust...
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...Introduction to the topic of GMOs Ruby Gutierrez Adventist University of Health Sciences Abstract GMOs are a promising and exciting revolution in agriculture. The technology, if safe, could allow humanity to make hunger a thing of the history. On the other hand a technology as powerful as GMOs also has the potential of changing our lives and ecosystems irreversibly. This paper is a basic introduction into the topic of genetically modified organisms and the concerns consumers and advocates around the world have about this technology, its approval, and future impact in the environment and societies around the world. Keywords: GMOs, FDA, agriculture, Monsanto, patents, corruption, environment. GMOs: An Introduction We live in an area where the acquisition of knowledge is only a few keystrokes away for any given subject. The pace at which new technologies are developed and become obsolete is unprecedented. Each new invention brings the hope and promise of a better tomorrow, an improved tomorrow. One of these revolutionary technologies are genetically modified organisms (GMOs). Companies that produce GMOs offer the technology as the answer to at least two of our most pressing issues, sustainable agriculture and world hunger. Both issues speak to one of humanity’s most basic biological needs, food. In effect, anything that affects this need should be treated with importance and urgency, because of the essential nature of food for human existence. ...
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