...3/14/2016 SWOT Analysis: Monsanto Background Monsanto is an agricultural based company headquartered in St. Louis, Missouri. The company is a world leader in agricultural seeds and crop protection chemicals. They produce seed brands like Asgrow and DeKalb and also manufacture Roundup brand herbicide and other lawn and garden herbicides to for residential use. Scientific advancements have allowed Monsanto to reduce challenges faced by farmers and enable them to increase their yields and protect their harvests from weeds and insects. These protections are now seed-based, meaning the each seed has been genetically modified and are resistant to herbicides and pesticides. Monsanto faces industry competition from companies like DuPont, Bayer Crop Science AG, and Syngenta. The company needs to continue to advance seed technology, maintain open dialogue with the concerned public regarding the safety of its products, and branch into new markets to maintain revenues. Strengths 1. Advanced Technology: To help farmers get the most of each acre Monsanto utilizes advanced breeding techniques, biotechnology, and improved agronomic practices. Monsanto invests large amounts of money in research and development to deliver superior seed products to farmers. 2. Diversified operations: Geographically Monsanto is established throughout North America and has a strong presence in South America, Africa, Asia, Australia and Europe. Internally, Monsanto has two main divisions....
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...Monsanto Attempts to Balance Stakeholder Interests 1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders? In my opinion, no. Monsanto has tried, but fails to even create an ethical culture that can effectively respond to stakeholders. Considering how many problems over how long of a time Monsanto has created them, they continually get legislation regarding their product passed in countries, including The United States of America, through unethical means. Their product in itself harms the stakeholders 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 within the organization (Ferrell, 2015, page. 384). 2. Compare the benefits of growing GM seeds for crops with the potential negative consequences of using them? The benefits of growing genetically modified seeds could be an amazing opportunity for humanity to create unparalleled abundance. They represent a product of hundreds of years observing life and studying it, reducing it down to its parts to understand it. Given time, nearly any gene could be expressed in any organism to help facilitate adaptation to new, emerging conditions. However there are some major problems. The first is the amount of study of the effects of these technologies is in...
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...Monsanto Inc. Who they are and what they do to our food supply. Monsanto Inc., a corporation whose main focus is in biotechnology; introduced GMOs (genetically modified organisms) into our food in 1994. I became interested in Monsanto Inc. and the recent studies on GMOS after reading several articles on curing cancer with and organic diet. A very dear relative of mine passed from cancer. Sometime after her death I began running across articles from this organization called “March against Monsanto” on Facebook. My sister who has Lupus (an immune disease) introduced me to them. They have one article that caught my eye on how a man was diagnosed with lung cancer at the age of 66. This man moved back to his home country to die after 9 different doctors told him he had 6 months to live. He planted a garden and a vineyard as a therapy because it just made him...
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...Question 2: Costs and Benefits of Growing GMO seed 5 Question 3: Management of Harm with Plants and Animals 6 Question 4: Visit Monsanto website, what is CSR and Sustainability Strategy of Monsanto, and give suggestions for its strategy for Monsanto Company? 8 Conclusion 9 Bibliography 10 * * Executive summary Monsanto is one of the world’s largest industrial agriculture businesses, especially focusing on genetically modified products. Monsanto has obtained a progress in corporate responsibility, but Monsanto has deficiencies with ethical culture. Monsanto is in a difficult position, because the products are highly specialized and therefore most consumers do not understand them. Although, Environmental and health issues aside, Monsanto’s GM seeds provide an opportunity for farmers to increase profits by allowing them to grow crops on land that would not support traditional seeds. And it suggests creating ethical corporate system to help them to deal with the problem that products harm to plants and animals. Finally, it introduces the website, what kinds corporate social responsibilities and sustainability strategy does Monsanto has. For example, they pay attention to education, charity…. Introduction * The Monsanto Company is...
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...1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders? No, it does not. Monsanto have 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 constantly get legislation regarding their product passed in countries, including America, through unethical means. However, the company used the concept of Social Responsibility and Business Ethics to create a reputation value to various stakeholders. For instance, Monsanto gave fifteen million dollars to Donald Danforth Plant Science Center to do crop research in Africa. Also, the fund helped Brazilian children to maintain good health and basic hygiene. In addition, Monsanto supported students who want to study agriculture. But, Monsanto Company’s regulation had become financial burden to many farmers. Farmers who buy seeds from Monsanto could not save for future plant. Else, Farmers will have to pay for Monsanto when they find out. Furthermore, Monsanto produced products that involved in the risk of animals and human health. Some of Monsanto’s actions should considered moral temptation. 2. Compare the benefits of growing GM seeds for crops with the potential negative consequences of using them. Benefits: - Farmers could expect better yields if they used GM seeds. - Farmers can now grow more crops in smaller amount of land which in effect would increase...
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...concerns the scientific and agricultural community has with the seed giant Monsanto. Not only has Monsanto abused its power as a big Ag corporation to advance its profits through unethical business practices, but also strengthen its stranglehold on farmers. Being a monopoly of the seed industry, Monsanto’s work in GMOs raises concerns as to the effects they have on land, animals, and humans. Monsanto is utilizing GMOs in an effort to stem the tide of world hunger, but because GMOs have only been implemented since the early 80’s their impact on human, animals, and the environment have yet to be determined. The long term effects caused by herbicides, pesticides, and hormones aren’t fully known by society yet. However, we use Monsanto’s roundup weed killer almost every day in America. This weed killer is what GMO seeds are modified to resist, giving them the ability to grow under such harsh conditions. Little is known about the effects of these roundup ready seeds, “The future of the company may lie in seeds, but the seeds of the company lie in chemicals” (Barlett and Steele). Monsanto’s roots were in chemicals far before they were planted in the agricultural industry. Those roots were planted in the early 1900’s by John Francis Queeny, who started Monsanto chemical works. Even though, Queeny founded Monsanto it was his son Edgar Queeny who brought Monsanto to power in the chemical industry. Through the years Monsanto would work with a wide range of chemicals goods. Products such as:...
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...pledge on business ethics: Oxymoron? “Producing more, conserving more, improving lives – that’s sustainable agriculture. And that’s what Monsanto is all about. Billions of people depend upon what farmers do. And so will billions more. In the next few decades, farmers will have to grow as much food as they have in the past 10,000 years – combined. We work alongside farmers to do exactly that by selling seeds, traits developed through biotechnology, and crop protection chemicals. We are working to double yields in our core crops by 2030 with one-third fewer resources such as land, water and energy per unit produced and helping farmers to raise themselves from poverty to prosperity, along with many more people.” (Compiled from www.monsanto.com) On its website, Monsanto positions itself as a relatively new agricultural company that aims to help farmers produce healthier food by increasing productivity, repressing weeds and combating insects while ensuring that environmental standards are not only met but exceeded, and while protecting the safety of people and communities. Its leading product is ‘Roundup’, world’s best selling agriculture herbicide for the last thirty years. Monsanto is also the world leader in biotechnology. 90 percent of GMO (Genetically Modified Organism) crops grown on the planet belonged to Monsanto (1). But then Monsanto is also arguably the world's most controversial company, praised by those who see a future of environmentally friendly farming and healthier...
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...Over the years, processors have evolved organic food into “frankenfood” or food that has been genetically modified. These modifications have intrigued consumers to wonder how safe are GMOs , since the processors are controlling the food system with political and economic factors. They have revolutionized the way consumers eat, but have developed controversy over what should be required labeled. As a distrusted consumer, I know food labeling comes with pros and cons but I have the right to know what I am eating and its safety. In America instead of voluntary labeling, it should be mandatory because it provides consumer choice, the public interest, and caution for potential health issues. These companies are controlling life by using chemical substances that may be a potential harm to consumers. A genetically modified organism contains many bioengineered ingredients and their DNA composition is altered in...
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...are labels required in America? Have we all become involuntary participants in a large, global experiment at the expense of humongous seed corporations? The first phase of the film highlights the naivety about GMOs in America. Jeremy asks several strangers on the street whether or not they are eating GMOs? The answers that he receives range from: ?I don?t even know what that is.? to ?I heard something about strawberries with fish or something like that.? After a graphical presentation about GMOs Jeremy stresses the complexity of GMOs by using words like Ti plasmids, Cry1Ab and EPSPS. How can anyone who is not a scientist understand GMOs? This representation underscores the difficulty of understanding GMOs, and thus also the difficulty understanding the potential affects in the environment and the human body. The viewer starts to feel suspicious about the GMO industry. That addressing the opposition?s argument is of vital importance becomes apparent in the sequence featured in Haiti - a country, which does not want GM-seed. One of the main arguments for developing GM-technology is its vital importance for developing countries. Haiti is presented through footage and voice-overs as a developing country in great need with people suffering from malnutrition, poverty, and hunger. Despite this desperate situation, the Haitian farmers did not want GM-seeds - they burnt them up. In this sequence we get to meet several Haitian farmers who did not grow Monsanto?s seeds. The following...
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...Case 1: “Monsanto Attempts to Balance Stakeholder Interests” Dr. Obradovich Case 1: “Monsanto Attempts to Balance Stakeholder Interests” Harry Stevenson September 15th, 2015 Monsanto is one of the world’s largest industrial agriculture businesses, especially focusing on genetically modified products. The company specializes in biotechnology, modifying crops and genetic manipulation of organisms. These modifications help farmers by using less land and creating more crops, which equals more profits. Genetically modified (GM) food also helps create solutions to world hunger problems and is a rapidly growing product for famers. GM products have stirred up controversy everywhere they are distributed, and Monsanto, being a huge multinational corporation and a major producer, is at the center of the debate. Throughout the company’s history, Monsanto has been attacked with criticisms from governments, farmers and activists groups because of their controversial products. This case deals with the ethical implications of producing and selling a product without understanding the environmental and physical implications of the products. Monsanto claims that its products are safe, and the FDA has proclaimed that GM food is safe to consume but critics are not convinced and continue to try and stop the use of GM products. Monsanto has showed a clear disregard for ethical obligations in its history and continues to downplay the importance of environmental and physical risks to the...
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..."American" is either odious, or new and improved. In the case of genetically modified foods, the public thinks the former, the Prime Minister thinks the latter. But how are "Frankenfoods" seen in America itself~ In most cases, they aren't seen at all. Estimates vary as to how many cows in the US are regularly injected with the genetically engineered growth hormone "Posilac", or bovine somatotropin (BST). Monsanto couldn't tell me. It might be 7 per cent, it might be 15, it might be 30. Anywhere from 700,000 to three million cows receive it, and their milk is not labelled, nor is the cheese or yoghurt that's made from it. An estimated 45-50 million acres of GM crops (ofthe 69.5 million planted globally) now grow in the US. These, too, go unnoticed by the average citizen. They are grown on huge, isolated farms and then sold in bulk to distributors and processors from where they slip undeclared into all manner of products - as soy beans into sauces, as potatoes into chips at McDonald's, as corn into tins of minestrone, as cotton into garments. According to Monsanto, this is because GM crops are safe and desirable. According to their detractors, they do so because of decades of political cosiness between government and agri-business. Both sides agree, though, that Monsanto won the first round of the battle in 1993, when BST became, in Monsanto's words, "the first product of biotechnology approved for commercial sale". Ronnie Cummins, director of the Campaign...
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...industry shrouded in mystery, cover ups, legal battles, and filled with a host of other less-than-savory practices and procedures, the food industry in America has caused quite the conundrum. Being powered by a few large corporations, it remains one of the most monopolized industries to this day. Although food is such a big part of the American lifestyle, very few citizens actually know how their food is grown, farmed, or processed, much less the unethical and hidden practices of the companies behind it. These practices have lead to many problems within the food industry, and are slowly becoming worse and worse. Boxes, bags, cans, bottles, and other various containers of food and drink line the shelves. Bright and colorful brand names...
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...Aren’t That Bad but Monsanto is Worse” is an online article written and published by Vice and rhetorically argues that Monsanto, a horrible agricultural-biotechnology company, is about unprofessional engineering and is pushing genetically modified organisms aka GMO’s on North America. Vice’s primary point is not only does Monsanto engineer and push unhealthy, hazardous non-organic seeds and foods on consumers, however, manipulatively takes advantage of the market. From the photos that were used, links to more statistics, and informal language is what makes this article convincing and reasonable yet compelling and concerning. This article is simply judgmental. Although it has been over a hundred years old, Monsanto has become a broad...
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...bioengineering side of corn with the example of Monsanto seed patents. Corn is the number one crop grown in America. The main reason is that corn is such a productive and versatile crop, responding to investments in research, breeding and promotion. It has incredibly high yields compared with most other U.S. crops, and it grows nearly anywhere in the country, thriving best in the Midwest and Great Plains. Plus, it can be turned into a staggering array of products. Although corn is a highly productive crop, with...
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...pledge on business ethics: Oxymoron? “Producing more, conserving more, improving lives – that’s sustainable agriculture. And that’s what Monsanto is all about. Billions of people depend upon what farmers do. And so will billions more. In the next few decades, farmers will have to grow as much food as they have in the past 10,000 years – combined. We work alongside farmers to do exactly that by selling seeds, traits developed through biotechnology, and crop protection chemicals. We are working to double yields in our core crops by 2030 with one-third fewer resources such as land, water and energy per unit produced and helping farmers to raise themselves from poverty to prosperity, along with many more people.” (Compiled from www.monsanto.com) On its website, Monsanto positions itself as a relatively new agricultural company that aims to help farmers produce healthier food by increasing productivity, repressing weeds and combating insects while ensuring that environmental standards are not only met but exceeded, and while protecting the safety of people and communities. Its leading product is ‘Roundup’, world’s best selling agriculture herbicide for the last thirty years. Monsanto is also the world leader in biotechnology. 90 percent of GMO (Genetically Modified Organism) crops grown on the planet belonged to Monsanto (1). But then Monsanto is also arguably the world's most controversial company, praised by those who see a future of environmentally friendly farming and healthier...
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