Monsanto and Starbucks cases

Monsanto and Starbucks cases


Monsanto Attempts to Balance Stakeholder Interests
Monsanto Attempts to Balance Stakeholder Interests
Monsanto is a company that has been around since 1901. They have renovated their company several times throughout the last century to fulfill a need in society. They have been suppliers for items such as artificial sweeter, saccharine, which was sold to Coca-Cola, vanilla flavoring, petroleum, fibers, packaging roundup herbicide, Agent Orange, and biotechnology for genetic manipulation of organisms in seeds. This company has seen touch times with ethics, environmentally, socially and business.
1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders? Monsanto has let down their shareholders many times ethically. It started out in the 1970’s when they produced Agent Orange (Ferrell, Fraedrich, Ferrell, 2013). Agent Orange was just their first of many unethical circumstances. Monsanto does not maintain an ethical culture that can effectively respond to various stakeholders because to build a strong business you have to maintain your sense of respect toward the government and the environment. An example of this is when the FDA had to get involved due to whether or not the seeds that Monsanto was being produced were safe for the environment.
2. Compare the benefits of growing GM seeds for crops with the potential negative consequences of using them. The benefits of growing GM seeds for crops is that when you genetically modify plant seeds you can put herbicides and pesticides in the seeds to prevent bugs from eating them and weeds overtaking them and therefore killing the crop. This allows farmers to grow crops more successfully and therefore the farmers are more profitable. The negative consequences of using GM seeds that are genetically modified with herbicides and pesticides is the uncertainty of health consequences of humans consuming the food grown by these seeds. No studies have been tested and it could be several...

Similar Essays