Ethics in Monsanto: A PEST Analysis and Ethical Decision Making

This presentation delves into the ethical issues faced by Monsanto, the world's largest seed organization, through a PEST analysis and ethical decision making process. It explores the stakeholders, organizational culture, problems faced, methods of managing issues, current practices, and gathered experiences. The presentation provides insights into the impact of genetically modified crops on farmers' revenue and production.

Ethics
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Table of Content
 Introduction
 Business Description
 PEST analysis
 Seven Steps of Ethical Decision making
 Stakeholders
 Organization culture
 Problem faced by organization
 Methods of managing issues
 Current practices in the organization
 Gathered experiences
 Conclusion
 References

Introduction
 Monsanto is considered to be worlds largest seed
manufacturing organization.
 The organization comes up with more than 15.9
billion sales.
 The organization aims to hold 70 to 100 percent of
the market share.

Business Description
 Monsanto was first producer of artificial
sweeter which is sold to Coca-Cola.
 Monsanto is world recognized organization
which makes use of biotechnology.
 The organization manufactures seeds which
can survive drought and high yield crops.

PEST Analysis
 PEST analysis is a strategic tool which is needed by
organization for tracking microenvironment factors.
 Political factors : It will help in understanding the overall
intervention in the organization.
 Economic factor : It will help in having a direct effect on the
overall profit of the organization.
 Social factor : It is the factor where business tend to operate
which can have direct impact.
 Technological factor : It is an important for understanding
research and development in the organization.

Seven Steps of Ethical Decision Making
There are manly steps of ethical steps decision making like
 Facts
 Ethical Issues
 Alternatives
 Stakeholders
 Ethics of Alternatives
 Practical Constraints
 Action to take

Stakeholders
Monsanto has successful created a brand name
in the manufacturing of various chemicals.
There are mainly three key stakeholders of this
organization like
 Customer
 Employee
 Suppliers

Organizational Culture and ethics
 There are large number of stakeholders
which are considered to be important for
understanding the safety and moral of
Genetically modified food.
 Monsanto makes use of technological
aspects which is needed for gaining
power.

Problem faced by Organization
 There are mainly kind of issues encountered by
Monsanto organization that is legal and patent
issues.
 Farmers makes use of this Monsanto seed which
is not needed for manufacturing.

Methods of managing issues
 Monsanto has spend millions of dollars in various
programs for improving the communities.
 Monsanto has come up with code of conduct
needed for ethical expectation.
 The organization has implemented biotech
programs that can add 10 years of time.

Current practices within Organization
 Monsanto has created new kind of partnership
between both nonprofit organization.
 The organization aims to understand the idea with
respect to world population.

Gathered Experiences
Monsanto has come up new kind of option like
 Sustainable Agriculture
 Charitable Giving
Monsanto has encountered large number of issues like
 Legal issues
 Patent issues

Conclusion
 The above pages an idea has been provided regarding Monsanto, world largest
seed organization. PEST analysis has been conducted on this organization.
Ethical issues faced by this organization has been discussed in details. Genetic
Modified crops has helped the farmers in gaining both revenue and production.

References
 Liu, Y., Feng, T., & Li, S. (2015). Stakeholder influences and organization responses: A
case study of corporate social responsibility suspension. Management and Organization
Review, 11(3), 469-491.
 Mansell, S. (2015). Book review: rejoinder to Veldman’s review of capitalism, corporations
and the social contract: A critique of stakeholder theory (Vol. 22, No. 2, pp. 271-275).
Sage UK: London, England: Sage Publications.
 Mason, R. O. (2017). Four ethical issues of the information age. In Computer Ethics (pp.
41-48). Routledge.
 Ochoa, G. V., Peñaloza, C. A., & Casseres, D. M. (2018). PEST Analysis of a Rankine
Organic Cycle for Energy Recovery. International Journal of Applied Engineering
Research, 13(15), 11755-11760.