Genetically Modified Organism and Monsanto

  Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders? Monsanto Company is trying to maintain an ethical culture with various stakeholders. The company used the concept of Social Responsibility and Business Ethics to create a reputation value to various stakeholders. For instance, Monsanto gave fifteen million dollars to Donald Danforth Plant Science Center to do crop research in Africa. Also, the fund helped Brazilian children to maintain good health and basic hygiene. Additionally, Monsanto supported students who want to study agriculture.However, Monsanto Company’s regulation had become financial burden to many farmers. Farmers who buy seeds from Monsanto could not saved for future plant. Otherwise, Farmers will have to pay for Monsanto when they find out. Furthermore, Monsanto produced products that involved in the risk of animals and human health. Some of Monsanto’s actions should considered moral temptation. #2. Compare the benefits of growing GMO seeds for crops with the potential negative consequences of using them. As the GM seeds introduced to the United States and across the globe since 1990, many farmers stopped complaining failure of crops.This had helped farmers spent little expenses, but gain as triple profits. Farmers who using GM seeds applauded the existence of Monsanto Company, because with the same acre of land, they are able to double the crops. Thus, as far as the farmers are making profits, they will continue buying the GM Seeds. For this reason, there is a major concerned for consumer that the GM seeds could affect human and animals’ health for using it. However, the FDA clarified that â€Å"biotech crops are safe to use†, but critics’ doubt about the short-term period of GM seeds which unable to determined the long-term effects.3. How should Monsanto manage the potential harm to plant and animal life from using product such as Roundup? Monsanto Officials wan ted to calm the situation. They clarified to the critics that EPA has been studies and approved for Roundup Ready. Environment and human health won’t get effective. The company also defends that even though â€Å"1% of glyphosate contaminate ground water, it is soluble and will not have much effect on aquatic species† (P. 307). Reference Ferrell, O. C. , Fraedrick, J. , Ferrell, L. , (2008), Business Ethics: Ethical decision making and cases. Boston, MA: Houghton Miffin Company