B Ethics Case Assignment
Week 1 Case Assignment:
Monsanto Attempts to Balance Stakeholder Interests
Case 1, Pages 382-395
Read the Case Study entitled, “Monsanto Attempts to Balance Stakeholder Interests” on pages 382-395. Then, answer all three questions at the end of the case.
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 its infancy. As Americans, we 're basically the biggest, longest running experiment of (GMO 's) Genetically Modified Organisms on humans due to the speed with which Monsanto has had legislation laws passed in the United States of America. The repercussions of reducing bio-logical
Monsanto Attempts to Balance Stakeholder Interests
Case 1, Pages 382-395
Read the Case Study entitled, “Monsanto Attempts to Balance Stakeholder Interests” on pages 382-395. Then, answer all three questions at the end of the case.
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 its infancy. As Americans, we 're basically the biggest, longest running experiment of (GMO 's) Genetically Modified Organisms on humans due to the speed with which Monsanto has had legislation laws passed in the United States of America. The repercussions of reducing bio-logical
References: Ferrell, O., & Fraedrich, J. (2015). Business Ethics: Ethical Decision Making and Cases (10th ed., p. 387). Stamford, CT: CENGAGE