Monsanto: The Four Types Of Social Responsibility
In business companies have a duty to uphold their social responsibility. Monsanto too is no exception. There are four parts of being socially responsible. The four types of social responsibility are philanthropic, ethical, legal and economic. First Monsanto has showed a number of ways that they are philanthropic responsible. Upon learning of a food shortage in years to come Monsanto tried to think of ways to prevent a food shortage. “In 2008 the company expended 980 million for researching new farmer tools (Thorne, D.).” Among other things Monsanto has showed ways of looking out for society to improve the quality of life. Next, Monsanto has also showed ethical responsibility throughout their organization. When Monsanto was involved in …show more content…
“The Monsanto company is the world’s largest seed company, with sales of over 8.6 Billion (Thorne, D.).” With sales of 8.6 Billion this says the company is bringing in sales but is not very clear on what profits of the 8.6 Billion comes to. The fact that the company has been around since 1901 alone says that they are profitable. Most recently, “Monsanto announces plans for $ 400 Million expansion of Chesterfield Valley Research center, including 36 new greenhouses, additional offices and laboratory space as well as additional plant growth chambers to facilitate development of its seed and trait pipeline, and adding 675 jobs over the next three years (Monsanto, 2014).” Monsanto has been busy not only improving their business but also trying to improve society. Through research for better crops to provide better food and more jobs Monsanto has been holding up their end of social responsibility. Investor is stakeholders such as farmers who look to Monsanto to provide the best seeds to grow their crops.” According to Monsanto employees will be respected and will contribute to the bottom line and will help farmers feed the world.” Monsanto customers are farmers as well because they buy the seed to grow the crops which ultimately are sold in
A Rhetorical Analysis Of Paul Stamets
271 Words | 2 PagesOn the off chance that there's anything you read – or offer – let this be it. The substance of this article can possibly drastically move the world in an assortment of positive ways. Furthermore, as Monsanto would love for this article to not become famous online, whatever we can ask is that you share, offer, share the data being exhibited so it can reach however many individuals as could be expected under the circumstances.
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357 Words | 2 PagesIn 2008 “Monsanto’s Harvest of Fear” was published in Vanity Fair. Penned by Donald L. Barlett and James B. Steele, this exposition presents acts by Monsanto that may be considered questionable. Acts such as possessing a “shadowy army of private investigators” and the production of “two of the most toxic substances ever known”. The company was established in 1901 as Monsanto Chemical Works.
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575 Words | 3 PagesDiversity in employee selection that is represented in the marketing strategies of social media and advertisement. A safety award would be established within each department Provide economic, social, and environmental development. Respect the environment and support the communities where Monsanto companies are located. The building of relationships with the local Chamber of Commerce and establishing environmental safety reporting will give an accounting and presence in the community.
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225 Words | 1 PagesIn the article entitled Monsanto's Harvest of Fear, Donald L. Barley and James B. Steele demonstrate that Monsanto already dominates the United States food chain with their genetically modified seeds. They are currently targeting milk production which is just as scary as the corporation's legal battles against the small farmers. This situation leads to a history of toxic infections or diseases. There were many disagreements between Gary Rinehart and a stranger about the innovative seeds. They were under surveillance and an investigator came in the picture.
Monsanto's Harvest Of Fear Summary
845 Words | 4 PagesThe three essays assigned this week had several common threads running through them. The strongest core theme is the rapid change in the food cycle in America and the vast changes that have taken place in the way by which we grow, produce, and process the food that average Americans eat. The food we eat now is drastically different from what our grandparents grew up eating and the three essays each examine that in a different way. Another theme is the loss of knowledge by the average consumer about where their food comes from, what it is composed of, and what, if any, danger it might pose to them. “Monsanto’s Harvest of Fear” by Donald L. Barlett and James B. Steele is a harsh look at the realities of food production in a country where large corporations, like Monsanto, have been allowed to exploit laws and loopholes to bend farmers and consumers to their
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598 Words | 3 PagesA corporatist markets off what they know would put them in financial ruin if people found out the truth behind what they claim is bettering the world. Once gathering enough positive claims, they proceed anyway. This is the quintessence of GMO marketing. Now, as the newest generation, millennials are likely to have been fed these genetically modified foods growing up, but have the technology to research and make their own intelligent and informed decision on whether these foods should be continued to be produced and distributed throughout the world. It is not being overly suspicious to not believe a corporation such as Monsanto, the leading agrochemical company, when with minimal research they publicize that GMOs are safe to consume.
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1155 Words | 5 PagesDavis (as cited by Khalidah, Zulkufly, & Lau, 2014) defined Corporate Social Responsibility (CSR) as “… the firm’s consideration of, and response to, issues beyond the narrow economic, technical, and legal requirements of the firm. It is the firm’s obligation to evaluate in its decision-making processes the effects of its decisions on the external social system in a manner that will accomplish social benefits along with the traditional economic gains, which the firm seeks. It means that social responsibility begins where the law ends. A firm is not being socially responsible if it merely complies with the minimum requirements of the law, because this is what any good citizen would do.” A firm will not survive without the support of both the stakeholders and shareholders, thus the CSR proposes the indication which stats that a firm can never exist In a vacuum (Khalidah et.
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