Taking A Look At Monsanto's Social Responsibility

Monsanto’s pursuit in each of the four types of social responsibilities was economically ensure and secure employees employment for a company profitable and able to uphold its social responsibilities by inventing and investing in new products. Monsanto was one of the top three companies successful in multiple inventions such as the production of saccharin an artificial sweetener used by Coca-Cola company. Economic values used as strategy to enhance operations efficiency which focused on cost reduction and productivity enhancement (Fillipello, A. 1990). Monsanto had other responsibilities such as legal and ethical responsibilities which included obeying all the laws, environmental and criminal laws. Monsanto produced products that were harmful
To avoid organizational misconduct the company needs to enforce its code of conduct effectively and portray itself as a social responsibility by dedicating its company to improve agriculture (Hummels, H. & Timmer, D. 2004). Monsanto created a code of Business Conduct to provide guidance to the firm’s ethical expectations, concerned with maintaining integrity among its stakeholders, pledge to convert values into actions while creating a great place to work and responsible for investigating cases of misconduct and maintain an anonymous hotline (Ferrell, Thorne & Ferrell 2016). Along with those responsibilities Monsanto also have Philanthropic Responsibilities which consist of companies making an effort to benefit society by donating services to community organizations, donating money to charitable causes and engaging in projects to aid the environment. To partake in this type of responsibility, Monsanto has funds that contribute to educational growth and aid in community needs, in other countries and China; farmers are trained in areas for ways to improve agricultural methods and infrastructure development (Ferrell, Thorne, & Ferrell