Amvac Ethical Issues

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Recommended: The importance of social responsibility in international business

Amvac has an intriguing business strategy but is it sustainable? Founded in 1969, Amvac is a manufacturer of agricultural pesticides and chemicals. Their strategy is to buy once popular and now dated products for other companies that created the initial industry clamoring. Amvac develops new markets, often in foreign countries, and restores luster to an outdated product to eek out any remaining profits (Steiner, p. 504) Serious ethical issues exist around Amvac’s business strategy and bring into question its sustainability. A lawsuit or potential regulatory enforcement actions do not deter Amvac from their strategy. They forge ahead purchasing some of the most toxic chemicals and identify unsuspecting markets in mostly foreign countries …show more content…

These chemicals produced although the knowledge of their harmful effects could welcome lawsuits against Amvac and the United States. Amvac could argue because they are illegal in our country does not mean in another country with their acceptable standards these pesticides may not be harmful. If Amvac is not forthcoming and makes the nation aware of the dangerous effects, then they are not socially responsible. A relationship exists between sustainability, culture, reputation, corporate citizenship, environment, and financial performance. A corporation’s reputation and ability to reach satisfactory resolutions are essential assets that influence performance (Miles & Covin, 2000). Governance, corporate social responsibility (CSR), and culture have a direct impact on sustainable profitability. The possible issue here could be a shortage of resources, money, or something else that would facilitate the production of something that would protect their agriculture, their fruits, and vegetables. Accountability is one of the processes whereby a leader, company, or organization seeks to ensure integrity. In a global stakeholder society, ac¬countability is among the key challenges of organizations. Responsible lead¬ers are concerned with reconciling and aligning the demands, needs, interests, and values of employees, customers, suppliers, communities, shareholders, nongovernmental organizations (NGOs), the environment, and

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