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Monsanto's Collaboration With Stakeholders

228 Words1 Pages
One of the first steps in balancing the conflict among the variety of stakeholder is that Monsanto would need to work in conjunction with their stakeholders to provide technological innovations and to get rid of fears in regards of its industry. The company has been working to innovate their products and strategies to have some competitive edge. Stakeholders focus their attention mostly on profits. However, to balances their interests, Monsanto has to satisfy their consumers so that they can purchase their product. Nevertheless, this case has shown that Monsanto has had to face several obstacles to maximize their profit and to motivate their consumers to be loyal to the company this includes their moral obligations and social responsibility
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