Essay on Monsanto Case Study

Words: 1564
Pages: 7
Open Document
Parker Gross
MKTG 495
Case #3 – Monsanto

I: Situation Analysis
Monsanto is a company that some people may not be explicitly familiar with on a first name basis. However, the work that the company has done over the last century, with a larger emphasis on its most recent ventures, have been deeply engrained in our lives, our food, and our economy. Monsanto has those who advocate on their behalf in addition to their naysayers. While Monsanto has made huge strides in terms of biotechnology over the last couple of decades, their accomplishments, and the relevant methods, have not been free of criticism and controversy. In order to analyze Monsanto’s corporate environment, it is important to first explore their Strengths, Weaknesses, …show more content…
If their products are actually harmful and they are covering up information that the general public deserves to know, then it is clear that Monsanto’s stake in keeping this information private is that it would hurt them from a profit standpoint.

IV: Development of Alternatives In order to address the problem of unethical business practices as a result of over-pursuit of profitability, Monsanto will need to take a new course of action. Some strategic alternatives would be to hold a seminar on business ethics, to further research all of the potential harms of their product and communicate the results in an honest manner, or to undertake a new marketing campaign in hopes of reestablishing the company image.

V: Evaluation of Alternatives and Recommendations Having someone from outside the company to lead a seminar on business ethics likely would be pretty affordable and could lead to a long-term increase in company goodwill. If effective, this step could likely mitigate most of the company’s ethical business issues. It is likely that the executives know what they are doing is unethical but continue to engage in these practices anyway, so a business ethics seminar is not guaranteed to be highly effective. Monsanto has already done a good amount of research on their products and the associated health and environmental costs. However, the public’s skepticism and the
Show More

Related Documents: Essay on Monsanto Case Study

MAN 3065 Monsanto Case Study Essay example

Monsanto Attempts to Balance Stakeholder Interests Course: MAN 3065 Group#: 1 Date Submitted: Oct. 2, 2014 Member: Evelyn Arfaro Reference#: 810149 Member: Claudia Calmet Term: 2014-15 Member: Claudia Castro Days: T & Th Member: Loanny Martinez Time: 7:05 pm – 8:20 pm Member: Jeanette Ramos Prof: Hoa N. Burrows, CPA, MBA Monsanto is one of the largest seed company in the United States and was found…

Words 1474 - Pages 6

Essay Genetically Modified Organism and Monsanto

Case Study Analysis: Monsanto Attempts to Balance Stakeholder Interests Monsanto is the largest agricultural company that specializes in both conventional and genetically modified organism (GMO) seeds and other products. Overall Monsanto has tried to maintain a good ethical culture to their different stakeholders. Because even with all the issues the organization faced, the company has taken the blame and fixed it the best way possible. For example, when word got out about Monsanto dumping toxic…

Words 798 - Pages 4

Monsanto's Ethical Culture

In my opinion, Monsanto does make an effort to maintain an ethical culture that responds effectively to their stakeholders. The term stakeholders may refer to a number of individuals to include consumers, employees, as well as those who are invested within the company. According to the case study, Monsanto has made efforts by creating a code of conduct and a pledge to uphold their stance regarding ethical conduct (Ferrell, Thorne & Ferrell, 2016). As with any company, these are steps that are…

Words 405 - Pages 2

Biotechnology and our food Essay examples

Monsanto and the Dangers of Biotechnology Genetically modified organisms are found everywhere. Ever since their start in the early 90’s, the amount of GMOs consumed by American’s has increased exponentially. A recent statistic has found that 70% of the food sold in America contains at least one genetically modified additive (Robin). One would assume that this technology has gone through many tests to validate its safety in regards to human health because we have agencies that are supposed to be…

Words 1870 - Pages 8

Monsanto's Argumentative Essay: Seed Saving

Monsanto Is Not Satan It is early spring. Farmers are ready to start planting. One farmer, who wants to save some money, uses some saved seeds from the previous year. Monsanto, the evil corporation that had sold him the seeds last year, finds out about the farmer’s seed saving. Monsanto immediately takes the poor man to court and sues him. The farmer ends up with no money and has to pay a bunch of legal fees. Monsanto, a corporation of endless greed that is eradicating humanity because of actions…

Words 1269 - Pages 6

Pros And Cons Of Monsanto

Being completely objective, I would say that Monsanto does not have any sort of moral obligation to farmers and consumers to make its seeds available at prices to even the poorest of farmers. There has not been enough testing done on these seeds to know if they are good or if they are truly detrimental to our physical well-being or not. These seeds are absolutely technology, technology that still needs to be tested and experimented with. Waldman (2017) reported that several experts expressed concern…

Words 305 - Pages 2

Case Study Essay

| Case Study 1 | The Monsanto Company | | The Monsanto, founded by John F. Queeny, is a company that genetically alters plants in order for them to fight off weeds, infectious insects, and other natural items in the environment that would cause crops not to grow or harvest. The Monsanto Company began in 1901 in St. Louis, Missouri. Today it is the largest seed company, not only within the United States, but it is the largest company in the world. Many people want to know if Monsanto maintains…

Words 981 - Pages 4

Genetically Modified Organisms Effect

Supreme Court have all gone in favor of Monsanto. Just like the Court Case of Schmeiser. Keywords: Genetically Modified Organisms, roundup, Monsanto The Impact That…

Words 1339 - Pages 6

Essay about GMO presentation

genetically modified to resist certain diseases, produce lower-fat meat, or create less waste. MONSANTO. W H AT I S MONSANTO? The worlds largest seed and biotech company. They also produce roundup- worlds most popular herbicide and weed killer. ROUND UP. • Roundup Ready crops are crops genetically modified to be resistant to the herbicide Roundup. • Roundup is the brand-name of a herbicide produced by Monsanto. Its active ingredient glyphosate was patented in the 1970s. • Glyphosate causes birth defects…

Words 347 - Pages 2

Bovine Somatotropin and Recombinant Bovine Growth Essay

Monsanto is a company that specializes in production of agricultural/vegetable seeds, plant biotechnology and crop protection chemicals. Monsanto headquarters is located in St. Louis, Missouri, but operates internationally as well with 21,035 employees globally with 404 facilities in 66 countries. In the United States alone it employs 10,317 146 with facilities in 33 states.[1]So you can see how much of an impact a company of this size can have on the food we grow, produce and consume. It is imperative…

Words 1492 - Pages 6