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Monsanto Executive Summary

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The main mission of these genetic seed engineering companies is to develop genetically engineered seed that has multiple traits to resist pests and handle seasonal weather changes while increasing the farmer’s crop yield. Monsanto and the other “Gene Giants” have succeeded in convincing many governments, farmers, and reluctant consumers that genetic engineering is the strategy of the future to insure agricultural productivity in the midst of climate change. It is thought by these companies that with their research, they are helping farmers survive the climate issues currently faced, but in reality they drive up costs, inhibit research by the public sector, and actually take away today’s farmer’s right to control their own seed supplies. …show more content…

Starting in 2009, their net sales (in billions) were $11,724 and at the end of August 2014 their net sales were (in billions) $15,855. At the end of February 2015, their net sales were (in billions) $8,067. Between 2009 and 2014, their dollar earnings per share went from $3.77 to $5.22. According to NASDAQ as of June 12, 2015, Monsanto’s earnings per share are now at $2.91. Monsanto has three sustainability principles: (1) improving the lives of farmers, workers, and communities, (2) producing enough food to make a balanced meal accessible to all, and (3) conserving Earth’s resources and preserving the natural …show more content…

They are designing their operations and products around using fewer raw materials, producing less waste, using less energy, improving the lives of their product and allowing them to be more productive, being accountable for their actions, and to show that they are leaders. They hope in the future to use their product expertise to develop and create new markets for completely sustainable agricultural and nutritional products. Once such example, is their work with the U.S. Department of Agriculture to convert corn hulls, a by-product with no real value, into a food source which does not require any natural resources to

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Monsanto Research Paper

226 Words | 1 Pages

Monsanto is an American multi-national agrochemical and agricultural biotechnological corporation founded in 1901. Their main headquarters is located in Creve Coeur in St. Louis, Missouri and they are the leading producer in the world of genetically engineered seed and plant breeding. There are many other producers of these types of genetically engineered products whose names include: DuPont (US), Syngenta (CH), Groupe Limagrain (FR), Land O’ Lakes (US), Bayer Crop Science (DE), Sakata (JP), DLF-Trifolium (DK), Takii (JP). Monsanto is also known for being the manufacturer of the herbicide Roundup® and many of their genetically modified seeds are pre-treated with this herbicide.

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Summary Of Gmos: A Solution Or A Problem By Colin Tudge

870 Words | 4 Pages

In “GMOs: A Solution or a Problem?”, biologist Colin Tudge discusses the regulation of genetically modified organisms with the Journal of International Affairs. Tudge views the increasing implementation of genetically modified organisms as the unfortunate and unnecessary result of capitalistic greed and oligopolistic conquest. Based on Tudge’s research in this field of study, he has found that reports and demonstrations have shown that there is no concrete evidence that GMOs produce more nutritious crops than traditional farming methods. In addition, he utilizes evidence to support small-scale traditional farms in stating, “There are also demonstrations worldwide to show that the best way to produce food for everybody is actually with traditional small mixed farms, which already produce more than 50% of the world’s food.” The statistics and facts used by Tudge advocate for the outright elimination of genetic modification as a method agricultural profits.

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Monsanto Vs. Queeny: Herbicide Roundup

937 Words | 4 Pages

Monsanto recognized this problem in the late 90’s with the creation of the very first GM crop: the Roundup-Ready soybean. Before this new seed, farmers would lose many crops due to the application of Roundup. This process would cause farmers to lose a profit so to fix this dilemma, the Roundup-Ready soybean was engineered to be able to withstand the herbicide Roundup being applied to it (Gregory 763-764). Since the seed’s development in 1996, 93% of soybean crops are now Roundup-Ready and in addition, 78% of cotton crops are genetically modified and 70% of corn grown in the United States are genetically modified (Smith 47). Many products today can be manufactured from these crops and it is very hard to find a product that does not contain any form of GM contaminates.

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Monsanto Herbicide Roundup

284 Words | 2 Pages

It is a sad reality that the corporate giant Monsanto is a wolf in sheep 's clothing, causing not only harmful consequences to the environment but to the overall well being of mankind. This is primarily due to the production of genetically modified organisms, or GMOs, and the popular herbicide Roundup. Genetically modified organisms are the product of the process of transferring the DNA of one organism to that of an unrelated species. This process of horizontal gene transfer is sometimes mistaken with cross-breeding, which is a completely safe and natural process (Mercola). Moreover, in GM seeds pesticides are often injected into the DNA of the seed so that the pesticides do not have to be sprayed.

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Monsanto's Ethical Controversy

1689 Words | 7 Pages

Once a business grows large enough in size to become an entity responsible for thousands of employees, it can be argued that it must also begin to take on a larger responsibility towards society as a whole. The company not only holds an obligation towards the well-being of their growing number of employees, but as their reach and the impact of their actions grow, they must also develop in a way that does not negatively affect the civilization around them. As an employer of as many as 22,500 people in 2015, and with operations based in the Americas, Europe, Australia, Asia Pacific, and Africa, Monsanto can easily fit into the mold of a company with these types of social responsibilities (Monsanto Company, 2016). No stranger to ethical controversy, Monsanto has been accused of acting against the best interests of society in order to benefit financially on multiple occasions. Though these controversies vary greatly on a case by case basis, they all have the same point of origin: Monsanto’s use of biotechnology in order to genetically modify crops.

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Monsanto Unethical Issues

1464 Words | 6 Pages

Monsanto’s artificial seeds are accidently being planted in innocent farmer’s fields, and instead of the company having to pay, the small farmers are being left with a massive fine. Even if just one tiny crop makes its way into a load, the whole process can be messed up. Once contaminated by an artificial seed, “[...]farmers report having a median of $4,500 in losses associated with a rejected load of grain.” (How GMO crops hurt farmers). These small farmers need money to survive, and the monstrous corporations are stealing the cash right from them and their families.

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Monsanto Executive Summary

484 Words | 2 Pages

Principle # 1 Interest of employees: The CEO of Monsanto should be considered the head coach. His primary focus is to spoil the customer through superior service, and to ensure the work environment created is a pro-teammate atmosphere. Including, exceeding the financial objectives of the organization, by being total honesty with his shareholders. Principle #2 Economics; According to Thorne, a responsible business cannot sustainably prosper if not properly managed.

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What Is Monsanto's Ethical Reasoning?

1227 Words | 5 Pages

Germplasm improvements from traditional breeding have contributed to modest but steady increases in yield. Marker-assisted breeding has nearly doubled the rate of yield gain when compared to traditional breeding alone” (Monsanto). This is not the only evidence that Monsanto boasts. Since 1996, on average, the volume of herbicide used on corn and soybeans has dropped 2o percent since herbicide tolerant corn has been introduced. There has even been reduction in greenhouse gas emissions associated with GM crops for 2006 is estimated to be equal to removing more than half a million cars from the road.

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Taking A Look At The Monsanto Company

477 Words | 2 Pages

“Social responsibility is grounded in effective and mutually beneficial relationships with customer, employees, investors, competitors, government, and the community, and others who have a stake in the company”(Ferrell, Thorne, & Ferrell, 2016, pg. 30). When interacting with stakeholders it can affect the organization’s action as well as their policies and vice versa. Monsanto most important stakeholder groups are stockholders and customers. The company’s primary customers are farmers.

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Opinon Leadership Roles

715 Words | 3 Pages

The role of genetic modification (GM science) has made a tremendous impact on agricultural (Adenle, Alhassan, & Solomon, 2014). Crops developed by GM science first became commercially available in the U.S. around the mid 1990s, and have quickly been adopted by farmers (Adenle et al., 2014; Cowan, 2011). According to Phillips (2008) GM science has “... increased crop yields, reduced costs for food or drug production, reduced need for pesticides, enhanced nutrient composition and food quality, resistance to pests and disease, greater food security, and medical benefits to the world's growing population” ( p 1.). In addition, GM science has made improvements towards developing crops that mature earlier and tolerate drought, frost, and other

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Pros And Cons Of Gmo's And Food Security

1256 Words | 6 Pages

Replacing small but efficient farms with an industrialized agribusiness under multi-national corporations can be one of the disadvantages brought by GMOs. Such corporations are supposed to increase production of foods, increase the efficiency of how foods are produced, improve the economic situation of farmers and improve patterns of food consumption. However, most evidences are contrary to these assumptions. GMO may have increased productivity and crop yield but the question is that, does the yield really go to the hungry? It may have reduced the production costs and the prices of commodities for the consumer but we should consider who really is gaining?

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Persuasive Essay On Gmo

877 Words | 4 Pages

The future of our world depends on the use of genetically modified foods to help with imminent problems such as, over population, malnutrition, drought, and overuse of pesticides. A genetically modified food is a food that has had its DNA altered to change or create a desired trait in the food. Genetically modified foods can create so many good things that there is absolutely no reason they should not be allowed in our agricultural world. Many people make claims such as, “GMO’s are unsafe and cause cancer!” Or, “GMO’s aren’t needed.”

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Pros And Cons Of Gmos: Humans, Wildlife And The Environment

1235 Words | 5 Pages

In light of this concern, Monsanto, a leading biotechnology company, implemented an “academic research license” (ARL) measure which allows proprietary information to be shared with academic researchers with few informational restrictions (Monsanto, 2009). While this effort may seem like an amenable solution to the problems of inadequate research and information sharing, it may be too-little, too-late as “…there are now, approximately, 4.4 billion acres of genetically modified crops growing world-wide” (James, 2015), making a reparative response, to unforeseen complications, logistically

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Biotechnology Persuasive Essay

1252 Words | 6 Pages

As the population of this world continues to grow, it is uncertain exactly what the future will look like. With an expected population of 9.6 billion people by the year of 2050, it is most uncertain in the eyes of farmers and growers across the world exactly how we will be able to provide for everyone. The agriculture industry has begun testing many different technologies and methods that might help to increase the efficiency of agriculture, as we know it today. One of the most controversial technologies that have begun to catch the attention of most people today is biotechnology and even more so, genetically modified organisms (GMOs). While evidence shows that biotechnology has been around since the ancient Egyptians, many people are still expressing concern on

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GMO Persuasive Essay

1715 Words | 7 Pages

To begin, this myth comes from the fact that genetic modification gives certain crops an edge against the problem of drought, which is infamous for the destruction of fields and poor harvests in farms across the country. GMOs, such as Monsanto’s DroughtGard Corn, are programmed to better survive droughts, so that inconsistencies in the weather do not ruin a farmer’s growing season. However, the Union of Concerned Scientists believes that these nature-usurping crops are not all they are made out to be, as “most studies of these crops have occurred under controlled conditions, which cannot replicate the complexity of drought in the field. How effective these crops will actually be—and whether unintended negative effects may occur when drought-tolerance genes turn on during drought—therefore remain unclear,” (Results). Additionally, whether or not GMOs are as effective as stated is almost irrelevant, as certain conventional methods of production continue to best their technologically enhanced brothers when it comes to output.

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