In 1901, John F. Queeny started the original Monsanto, which was named after his wife, Olga Monsanto Queeny. It was originally created to make artificial food additives such as sweetener saccharine, coca- cola caffeine extract and vanillin. After being renamed a few times, it settled with the name “The Monsanto Company” in 1964. During the 1970s, the company produced a “major legal snare” p.303 known as Agent Orange. This was used in the Vietnam War to “quickly deforest the thick Vietnamese jungles”. p.303 Agent Orange contained Dioxin, which was found to be extremely carcinogenic.
In 1979, a lawsuit was filed but the company agreed to settle for $180 million. Around the beginning of 1975, Monsanto shifted its focus to biotechnology and introduced genetically modified plant cells. It switched its emphasis from chemicals to food. Now, the Monsanto Company is the world’s largest seed company. Because the company is so big, there are multiple problems to be dealt with. Environmental concerns would be one of the major issues. Since the GMO is something new, no one can assure future consequences.
Another thing would be the organizational ethical issue. “Bribery presents a dilemma to multinational corporations because different countries have different perspectives on it.” P.308 Since the Monsanto Company is quite a large company with workers and staffs that have different personalities and traits. We never actually know exactly what is going on within the company. Some people might think that the easiest way out is to use money.
“Like most businesses, Monsanto wants to patent its product.” P.308 Monsanto wants the farmers to buy their crop every year instead of reusing it. Because that’s the only way for the company to actually profit from this and their willing to file lawsuits against those who aren’t willing to compromise.
There are some things that could have been done differently about this case. Like instead of bribing, the company could of came to a better agreement and not engage in unethical conduct. Or not take the Patent so seriously because even though the farmers might reuse the crops, they will eventually run out and have to come back and buy more.
1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders? Yes it does. Monsanto has been hiding about the environmental pollution that is harmful for people. The stakeholders were loss of confidence to the company that cause the stock price to fall drastically. However, when Hugh Grant took over the position as CEO, the company started improving.
2. Compare the benefits of growing GMO seeds for crops with the potential negative consequences of using them. Even though growing GMO seeds for crops instead of growing normal seeds is more efficient, there are several factors to consider. The GMO seeds called Roundup Ready can be harmful to birds, insects, and particularly amphibians. Growing GMO seeds would be fastest and more dependable because it’s a for sure thing instead of trial and error. The farmers can manage what and when they want their crops. IT would save the farmers time and money.
3. How should Monsanto manage the potential harm to plant and animal life using products such as Roundup? The plants and animal life surrounding the Roundup may be affected. Therefore, Monsanto should separate the product from the natural side. Try to plant the product away from the side that doesn’t have it.