Business Ethics
Business Ethics “Monsanto Attempts to Balance Stakeholder Interest”
Write a case analysis of case #1, “Monsanto Attempts to Balance Stakeholder Interest”, page 308-317.
An analysis paper should address the following: (USE THIS GUIDELINE FOR ALL OF YOUR PAPERS)
1. What are the main facts of the case? (Not all the facts/the main facts)
Monsanto is an enormous corporation, originating as a chemical company at the turn of the twentieth century.
Expansion to India and Africa have been stated by the new CEO to before the interest of their shareholders.
This agricultural system produces diminishing returns with more expensive fertilizer, pesticides and yearly seeds being needed as time goes on.
They have been trying to recover their image after the disaster in 2003.
This corporation had moved over scientific testing much faster than other stakeholders.
2. What are the ethical issues that need to be addressed (be specific; cite examples)?
The company has a code of conduct but is not that effective
This company does not have someone responsible for the Ethics program.
This company has not avoided major misconduct, for example, bribery, conflicts of interest, misrepresentations of products, lying to consumers and others.
The company has not developed customer trust based on high integrity relationships and a stakeholder orientation
The company does not take care of key stakeholder, customer or the community they only take care of those inside the company.
The company has a charity named “Monsanto Fund”.
Gives roughly 30 million dollars a year to worldwide projects.
Donate to 4-H and other youth programs.
Donations to seeds Haiti after the earthquake and are very interested in giving to certain projects in India and Africa.
3. What are the alternatives for the case characters (What could have been done differently)?
They have to change their mission statement. They could rewrite it by focusing on the desire to make profits for the
Write a case analysis of case #1, “Monsanto Attempts to Balance Stakeholder Interest”, page 308-317.
An analysis paper should address the following: (USE THIS GUIDELINE FOR ALL OF YOUR PAPERS)
1. What are the main facts of the case? (Not all the facts/the main facts)
Monsanto is an enormous corporation, originating as a chemical company at the turn of the twentieth century.
Expansion to India and Africa have been stated by the new CEO to before the interest of their shareholders.
This agricultural system produces diminishing returns with more expensive fertilizer, pesticides and yearly seeds being needed as time goes on.
They have been trying to recover their image after the disaster in 2003.
This corporation had moved over scientific testing much faster than other stakeholders.
2. What are the ethical issues that need to be addressed (be specific; cite examples)?
The company has a code of conduct but is not that effective
This company does not have someone responsible for the Ethics program.
This company has not avoided major misconduct, for example, bribery, conflicts of interest, misrepresentations of products, lying to consumers and others.
The company has not developed customer trust based on high integrity relationships and a stakeholder orientation
The company does not take care of key stakeholder, customer or the community they only take care of those inside the company.
The company has a charity named “Monsanto Fund”.
Gives roughly 30 million dollars a year to worldwide projects.
Donate to 4-H and other youth programs.
Donations to seeds Haiti after the earthquake and are very interested in giving to certain projects in India and Africa.
3. What are the alternatives for the case characters (What could have been done differently)?
They have to change their mission statement. They could rewrite it by focusing on the desire to make profits for the