Monsanto Case Study
Case Study #1: Monsanto
Mendoza Huerta Alma Fabiola
City University of Seattle
BC 306
Amy Thiele
January 20, 2011
Case Study #1: Monsanto Attempts to Balance Stakeholder Interests 1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders?
I think Monsanto does follow an ethical culture because even when they have passed through many troubles, and they have succeed. Also they have faced their problems and have take responsibility of their activities; I consider Monsanto as a “transparent” company because they always take into account their stakeholders and show them their activities, what is going on within the company, even though here is the problem; the fact of they trying to make the right things does not mean that they would conserve the environment, once the environment and biodiversity has been affected is very hard to turn around, does not mean neither that they would give away with their activities. Nevertheless as shown in the case they tend to respond and to make things clear once they have been suited or accused of doing irregular activities. Monsanto as a personal point of view is a very risky business because it does not matter how well they would be doing within the corporation, there would be always groups, associations, and, laws against activities involved with activities related with those at Monsanto. On the other hand as I have already said Monsanto has learned to deal and to face with that sort of procedures, as read in the text they never hide things. But anyway there are too many stakeholders affected, like biodiversity of plants, animal, farmers, customers (humans), and any of the actions taken by Monsanto to take care about their stakeholders could make damage already done disappear.
2. Compare the benefits of growing GMO seeds for crops with the potential negative consequences of using them.
This question made realized about the different points of view that are exposed; We need
Mendoza Huerta Alma Fabiola
City University of Seattle
BC 306
Amy Thiele
January 20, 2011
Case Study #1: Monsanto Attempts to Balance Stakeholder Interests 1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders?
I think Monsanto does follow an ethical culture because even when they have passed through many troubles, and they have succeed. Also they have faced their problems and have take responsibility of their activities; I consider Monsanto as a “transparent” company because they always take into account their stakeholders and show them their activities, what is going on within the company, even though here is the problem; the fact of they trying to make the right things does not mean that they would conserve the environment, once the environment and biodiversity has been affected is very hard to turn around, does not mean neither that they would give away with their activities. Nevertheless as shown in the case they tend to respond and to make things clear once they have been suited or accused of doing irregular activities. Monsanto as a personal point of view is a very risky business because it does not matter how well they would be doing within the corporation, there would be always groups, associations, and, laws against activities involved with activities related with those at Monsanto. On the other hand as I have already said Monsanto has learned to deal and to face with that sort of procedures, as read in the text they never hide things. But anyway there are too many stakeholders affected, like biodiversity of plants, animal, farmers, customers (humans), and any of the actions taken by Monsanto to take care about their stakeholders could make damage already done disappear.
2. Compare the benefits of growing GMO seeds for crops with the potential negative consequences of using them.
This question made realized about the different points of view that are exposed; We need
References: Ferrell, O.C., Fraedrich, J., Ferrell, L., (2011), Business Ethics: Ethical decision making and cases. Mason, OH: South-Western Cengage Learning, OH.