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Monsanto Executive Summary

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The textbook is a bit outdated and listed ten principles; therefore, I pulled the seven principles of business conduct from the Caux Round Table for Moral Capitalism website. Respect stakeholders beyond shareholders-contribute to economic, social, and environmental development-build trust by going beyond the letter of the law-respect rules and conventions-support responsible globalization-respect the environment-and-avoid illicit activities (Caux Round Table for Moral Capitalism, 2018). According to Caux, respecting the stakeholders not just the shareholders and respecting the environment encompasses a sense of duty by what Monsanto produces. Furthermore, the production must facilitate clean water, clean air, clean emissions, and transparency. Unfortunately, Monsanto’s crisis in Anniston, Alabama did not facilitate any of the above mentioned. In fact, they attempted to cover it up for many years (Barron, 2017). …show more content…

The director will ease a hostile environment through their open communication and sense of obligation for the greater good of the world. Monsanto can alleviate some of the environmentalist’s concerns by producing documentation of soil samples that have been tested before and after a crop is harvested. Furthermore, they can hire an independent lab to conduct research and testing on rodents as a mean to determine if genetically modified crops are safe for human consumption. Finally, I would suggest they publish their findings, no matter what the results prove. Thus, this will show the world of Monsanto’s intended transparency becoming

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