Monsanto Code Of Ethics Essay
Over time humans have collectively compiled a universal behavior that is deemed acceptable. Behavior can be labeled as right or wrong and good or bad. The guidelines are informal but the unwritten norms as a whole are known as the universal code of ethics. Business ethics are critical for the productivity and life of an organization. Far too frequently, organizations violate their own and the universal code of ethics; such organizations include: Denso Corporation, Wells Fargo, and Monsanto. Consequences for unethical behaviors are exponential; such as, a decrease in business credibility, public relations, social identity, and prosecution by law. Not only are businesses hurt by their unethical acts; customers and other stakeholders are
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The face of corporate evil, Monsanto, an agricultural biotechnology corporation has been committing unethical business practices for years now. They own over 95% of all seed patents, use GMOs which are arguably unhealthy, and they handcuff farmers into their deal. Monsanto's most notorious seed patent, "The Terminator", is a seed that can only propagate once, forcing farmers to buy their seed every year. The company has lawyers constantly stalking farmers and if they believe farmers are in breach of terms, they threaten to sue or sue. Defending against Monsanto will take over $100,000, making it very easy for Monsanto to kick out a farmer from the market. More and more farmers join Monsanto hoping to avoid lawsuits based off of false claims. Monsanto continues to exterminate family farms and generations of hard work with no sign of stopping. Problems that occur from Monsanto's unethical implementation are the destruction of farming culture and their public relations. The number of groups and documentaries against Monsanto are growing and gaining popularity. Eventually, Monsanto will pay for its wrongdoing but until then, it's the farmers and customers feeling the pain. From a business perspective, Monsanto has generated a highly intelligent plan to monopolizing a market. Ethically, Monsanto is the epitome of an unprincipled
The face of corporate evil, Monsanto, an agricultural biotechnology corporation has been committing unethical business practices for years now. They own over 95% of all seed patents, use GMOs which are arguably unhealthy, and they handcuff farmers into their deal. Monsanto's most notorious seed patent, "The Terminator", is a seed that can only propagate once, forcing farmers to buy their seed every year. The company has lawyers constantly stalking farmers and if they believe farmers are in breach of terms, they threaten to sue or sue. Defending against Monsanto will take over $100,000, making it very easy for Monsanto to kick out a farmer from the market. More and more farmers join Monsanto hoping to avoid lawsuits based off of false claims. Monsanto continues to exterminate family farms and generations of hard work with no sign of stopping. Problems that occur from Monsanto's unethical implementation are the destruction of farming culture and their public relations. The number of groups and documentaries against Monsanto are growing and gaining popularity. Eventually, Monsanto will pay for its wrongdoing but until then, it's the farmers and customers feeling the pain. From a business perspective, Monsanto has generated a highly intelligent plan to monopolizing a market. Ethically, Monsanto is the epitome of an unprincipled