Part 3 ---The Stakeholder-Analysis All stakeholders are in an exchange relationship with an organization. Each stakeholder group supplies the organization with important resources‚ and in exchange each expects its interests to be satisfied. The most important stakeholder groups are stockholders and customers. One can argue that‚ stockholder’s drove the company to expand to different parts of the world for more profits. The company also thought that the resulting profits would benefit shareholders
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What is organisational culture and how can it be managed effectively? Organisational culture is defined as the shared values‚ norms and expectations that govern the way people approach their work and interact with each other. Organizational culture is different from world cultures‚ those tapestries of shared histories‚ languages‚ beliefs‚ and foods‚ which are the source of our identity. Our personal culture affects how we marry‚ how we raise our children‚ how we celebrate events‚ and how we mourn
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If I were Monsanto’s CEO‚ I would best balance the conflicting needs of the variety of stakeholders by trying to assure them that what was done in the past is the past. We would accept the fact that we messed up‚ polluted the area‚ and engaged in unethical acts before but as CEO my promise to the consumers is that we are well past that phase and we are trying to get back in good graces and do everything right. Provide information from our studies whether they are good or bad and again reassure
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August 30‚ 2012 Monsanto and Genetically Modified Foods Monsanto is an agricultural biotech corporate giant that genetically modifies animals and crop seeds. On their website‚ they come across a deeply committed humanitarian organization that provides an ecologically sustainable answer to global hunger and malnutrition. The sad reality is that Monsanto is a wolf in sheep’s clothing‚ and perhaps one of the most unethical corporate giants in the world today. I will argue that Monsanto is on a power
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Case Study: Monsanto Attempts to Balance Stakeholder Interests Company History The Monsanto Company is the world’s largest seed company‚ specializing in genetically modified (GM) seeds. In 2009 the company made over 8.6 billion dollars in sales. Ninety percent of the world’s GM seeds are made by the Monsanto Company. Over the years the Monsanto Company has seen many changes. The original company was founded in 1901 in St. Louis by John F. Queeny‚ who named
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6 XSTICS THAT MAINTAINS QUALITY CULTURE I believe most of the company’s have following 6 rules or characteristics that makes a good culture to work with. The seven characteristics are as follows: 1. Expectations :- Each every employerworking in a company has its own expectations from the company. The company’s culture mostly depends on the fulfillment of the employers expectations. Its better to go for excellence and work in such a way that you should be criticized for showing lack of initiative
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Monsanto: Linking Core Competencies to Market Opportunity Case Summary: Monsanto Co. is an innovative biotechnology company that is currently the world’s largest seed company. Since its inception in 1901‚ Monsanto has continually reinvented itself to realize growth opportunities in a wide spectrum of marketing environments. In 1981‚ a shift in strategic focus towards biotechnology has propelled the company to $11.7 billion in annual sales with over 20‚000 people in 160 countries. As the
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Monsanto: Q1. Does Monsanto maintain an ethical culture than can effectively respond to various stakeholders? I believe Monsanto makes an effort to have an ethical culture and for the most part they succeed. The bribery issues in Indonesia‚ within their own company‚ in the late 1990’s/early 2000’s were reported to the Department of Justice by Monsanto. This level of corporate governance is something I think many large corporations would not do. The farmers‚ who are primary stakeholders because
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As a producer of genetically modified seeds that lead to larger crop yields and eventually larger profits for farmers‚ Monsanto has a moral obligation to farmers who have grown crops and saved seeds for the next crop for hundreds of years before Monsanto began changing the genetic makeup of the seed. Farmers should not feel obligated to Monsanto as they have manipulated the future of farming through patent protection of intellectual property. Some thoughts should be discussed regarding Monsanto’s
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Case Study #1: Monsanto Mendoza Huerta Alma Fabiola City University of Seattle BC 306 Amy Thiele January 20‚ 2011 Case Study #1: Monsanto Attempts to Balance Stakeholder Interests 1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders? I think Monsanto does follow an ethical culture because even when they have passed through many troubles‚ and they have succeed. Also they have faced their problems and have take responsibility of their activities;
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