Summary: Monsanto Company is the world’s largest seed company. They specialize in genetic manipulation of organisms. Monsanto was founded by John E Queeny in 1901 in St. Louis‚ Missouri. The company’s first product was artificial sweetener. At the start of World War 1‚ company leader realized the growth opportunities of industrial chemicals. In 1970’s‚ Monsanto had produced a chemical known as Agent Orange. Agent Orange contained dioxin; a chemical that caused a legal nightmare
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Case 1: “Monsanto Attempts to Balance Stakeholder Interests” Dr. Obradovich Monsanto is one of the world’s largest industrial agriculture businesses‚ especially focusing on genetically modified products. The company specializes in biotechnology‚ modifying crops and genetic manipulation of organisms. These modifications help farmers by using less land and creating more crops‚ which equals more profits. Genertitically modified (GM) food also helps create solutions to world hunger
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1. Identify a key competitive advantage of Monsanto. What element of the external environment in which Monsanto operates threatens its future most? Justify The key competitive advantage of Monsanto is their biotechnology or their genetically modified organisms (GMO). The company maintains to deliver distinctive combination of traits and genetics through molecular breeding. Monsanto analyzes each seed before they are planted which improves the efficiency of the breeding process and the quality
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Part 3 ---The Stakeholder-Analysis All stakeholders are in an exchange relationship with an organization. Each stakeholder group supplies the organization with important resources‚ and in exchange each expects its interests to be satisfied. The most important stakeholder groups are stockholders and customers. One can argue that‚ stockholder’s drove the company to expand to different parts of the world for more profits. The company also thought that the resulting profits would benefit shareholders
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MONSANTO Monsanto Company is a leading global supplier of herbicides and seeds. It makes the leading brand of herbicide‚ which it markets under the Roundup brand. It also leads the world market for genetically modified (GM) seed and produces GM varieties for corn‚ soybeans‚ and cotton. Furthermore‚ Monsanto has developed genetically engineered seeds for crops to resist Roundup. The company claims that ‘Monsanto is a sustainable agriculture company. We deliver agricultural products that support
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If I were Monsanto’s CEO‚ I would best balance the conflicting needs of the variety of stakeholders by trying to assure them that what was done in the past is the past. We would accept the fact that we messed up‚ polluted the area‚ and engaged in unethical acts before but as CEO my promise to the consumers is that we are well past that phase and we are trying to get back in good graces and do everything right. Provide information from our studies whether they are good or bad and again reassure
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experiences in the United States and Europe and the reasons of opposition in Europe‚ despite that‚ why Monsanto pushed ahead so hard. Monsanto is a leading biotechnology company‚ which an American-based company. The company had received import approval of some products before concerns were elevated. They responded by launching an advertising campaign to discuss the potential benefits of biotechnology. Monsanto was trying to impose America’s food and production systems on the European life. Cultural differences
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What is Stakeholder Analysis? Stakeholder Analysis (SA) is a methodology used to facilitate institutional and policy reform processes by accounting for and often incorporating the needs of those who have a ‘stake’ or an interest in the reforms under consideration. With information on stakeholders‚ their interests‚ and their capacity to oppose reform‚ reform advocates can choose how to best accommodate them‚ thus assuring policies adopted are politically realistic and sustainable. Although Stakeholder
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Stakeholder Identification and Analysis What’s in this section? 14 15 16 18 19 20 22 23 24 26 Identify those stakeholders directly and indirectly affected by the project Identify those whose “interests” determine them as stakeholders Be strategic and prioritize Refer to past stakeholder information and consultation Develop socio-economic fact sheets with a focus on vulnerable groups Verify stakeholder representatives Engage with stakeholders in their own communities Remember that government
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There have been controversy regarding Monsanto‚ the leading manufacturer of GMOs in court. In the Monsanto Canada Inc v Schmeiser‚ it was a case that drew a lot of attention to how patents worked with GMOs. In this particular case Monsanto intended to sue Schmeiser‚ a small time farmer‚ over his use of Monsanto’s patented crop. The context to this was that Schmeiser claimed that his neighbor’s crops‚ Monsanto’s Bt corn‚ had contaminated his own crop. Schmeiser later saved the Roundup resistant canola
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