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Monsanto attempts to balance stakeholder interests case study answer

28/04/2021 Client: muhammad11 Deadline: 2 Day

For this assignment, you will provide answers to the three questions below for discussion. Use the attached Case file and PDF for chapter reference.

Does Monsanto maintain an ethical culture that effectively responds to various stakeholders?
Compare the benefits of growing GM seeds for crops with the potential negative conse- quences of using them.
How should Monsanto manage the potential harm to plant and animal life from using products such as Roundup?CHAPTER OBJECTIVES CHAPTER 1 • Explore conceptualizations of business ethics from an organizational perspective • Examine the historical foundations and evolution of business ethics • Provide evidence that ethical value systems support business performance • Gain insight into the extent of ethical misconduct in the workplace and the pressures for unethical behavior CHAPTER OUTLINE Business Ethics Defined Why Study Business Ethics? A Crisis in Business Ethics Specific Issues The Reasons for Studying Business Ethics The Development of Business Ethics Before 1960: Ethics in Business The 1960s: The Rise of Social Issues in Business THE IMPORTANCE OF BUSINESS ETHICS The 1970s: Business Ethics as an Emerging Field The 1980s: Consolidation The 1990s: Institutionalization of Business Ethics The Twenty-First Century of Business Ethics Developing an Organizational and Global Ethical Culture The Benefits of Business Ethics Ethics Contributes to Employee Commitment Ethics Contributes to Investor Loyalty Ethics Contributes to Customer Satisfaction Ethics Contributes to Profits Our Framework for Studying Business Ethics © ZoranKrstic/Shutterstock.com Copyright 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. AN ETHICAL DILEMMA* Sophie just completed a sales training course with one of the firm’s most productive sales representatives, Emma. At the end of the first week, Sophie and Emma sat in a motel room filling out their expense vouchers for the week. Sophie casually remarked to Emma that the training course stressed the importance of accurately filling out expense vouchers. Emma replied, “I’m glad you brought that up, Sophie. The company expense vouchers don’t list the categories we need. I tried many times to explain to the accountants that there are more expenses than they have boxes for. The biggest complaint we, the salespeople, have is that there is no place to enter expenses for tipping waitresses, waiters, cab drivers, bell hops, airport baggage handlers, and the like. Even the government assumes tipping and taxes them as if they were getting an 18 percent tip. That’s how service people actually survive on the lousy pay they get from their bosses. I tell you, it is embarrassing not to tip. One time I was at the airport and the skycap took my bags from me so I didn’t have the hassle of checking them. He did all the paper work and after he was through, I said thank you. He looked at me in disbelief because he knew I was in sales.

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