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Caux Round Table Principles For Business

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Embracing global markets require organizations to look at the opportunities to maintain corporate responsibility while being diverse and culturally engaged at the same time. Some of the principles that are used in global scenarios will help companies to provide their foundational beliefs in a global business world. The Monsanto Company will be able to apply the Caux Round Table Principles for Business to illustrate the mission, goals, and strategies that will be used in the organization to achieve global corporate responsibility. The Caux Round Table (CRT) works to improve our global community through a network of business leaders that design strategies and practices centered around kyosei and human dignity (Goodpaster, Maines & Weirmerskirch, …show more content…

Diversity 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. Build trust through adherence to laws, standards, and regulations comprehensively. A clearly defined protocol handbook would need to be designed to decrease variables and establish set standards Not only will it be important to stay within the standards that you are dealing with domestically, it is even more important to continue to develop trust in other cultural endeavors. With the stated commitment to farmers, consumers, and the ecosystem, Monsanto will need to provide multiple data-driven reports to support communication. Respect for local cultures and the rules that are associated with traditions of the communities and government. Creation of a compliance team would be imperative for adherence to local rules and

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