Monsanto Attempts to Balance Stakeholder Interests

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Date Submitted: 04/30/2014 09:19 PM

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Monsanto Attempts to Balance Stakeholder interests

1. No. What they did is cheat on everyone. Monsanto Company is accused of false advertising for many times. They said Roundup is environmental. But it is not true. Roundup is classed as “dangerous for the environment” and “toxic for aquatic organisms” by the European Union. Monsanto Company’s regulation had become financial burden to many farmers. Farmers who buy seeds from Monsanto could not save for future plant. Otherwise, Farmers will have to pay for Monsanto when they find out. Furthermore, Monsanto produced products that involved in the risk of animals and human health. 

2. Benefits: Gm seeds are good for solve the problem of food shortage; reduce pesticide use and to avoid environmental pollution, reduce production costs and price, increase in food and nutrition, increase the added value. Also promote productivity, related industries.

The potential negative consequences: GM crops can be turned into farmland weed itself, affect other species through genetic drift, threats to biodiversity and it may be toxic.

3. As the advancement of technology, Monsanto created seeds containing the herbicide Roundup Ready, which kill weeds but spare the crops. Monsanto asserts that Roundup Ready doesn’t usually end up in ground water and it won’t contaminate ground water. It is safe and won’t disturb aquatic species. They are trying their best to take actions so that farmers would feel safe to use Roundup. But at the end, they still produce Roundup. Nothing changes. It is good for price, but it is not good for health. So if Monsanto wants keep the company running, they need reduce the product they produce. Make sure it won’t harm to plant and animal life.

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