Monsanto Case Study

1168 Words5 Pages
Monsanto
1
The question “Does Monsanto maintain an ethical culture that effectively responds to various stakeholders?” has no simple answer because it depends on what a person considers effective. However, Monsanto could do a much better job addressing the concerns of its stakeholders. In addition, if Monsanto was able to improve its reputation, the company could see benefits such as increased profits.
The biggest stakeholder that Monsanto does not respond well to is the people that ultimately consume its foods. In addition, it also could improve its relations with farmers and environmentalist. Many people believe that GMOs are bad for peoples’ health. This may or may not be true because there are so many different opinions about this. However, even with the varying information, Monsanto could try harder to assure consumers there are no health concerns related to GMO foods. One way to do that would be to conduct a very good study on weather GMO food can cause health problems and show the study to the public. The down side of this would be if GMOs were bad for people’s health, but if Monsanto was truly an ethical company, they would not want to sell products that are bad for people’s health thus they should be willing to accept the risk.
The concerns that farmers have are mostly related to Monsanto patenting seeds. Monsanto has addressed this somewhat by allowing some of its patens to expire. However, they could probably address the concerns more by coming up with a plan that farmers can understand and see as fair related to patens. Environmentalist have many concerns with Monsanto such as that their products might be killing bees, creating chemical resistant bugs, and their GMO crops contaminating other crops. Monsanto’s best plan to address these issues would probably be to do studies to see how responsible they are for each of these concerns and then come up with plans to address the concerns if they are responsible for them.
Overall, Monsanto does do a little to try and address its stakeholder’s concerns such as trying to get farmers to rotate their crops to help prevent super bugs. In addition, they do many things that are very ethical such as making donations to charities and trying to create enough
Get Access