The Monsanto Company's Relationship and Performance in the Market Amidst Ethical, Social and Legal Odds

The Monsanto Company's Relationship and Performance in the Market Amidst Ethical, Social and Legal Odds

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Monsanto Company is a large multinational agricultural conglomerate that supplies genetically engineered products to the market. The enormity of its financial muscle makes it a strong market force. The company has been engaging in unscrupulous activities while receiving protection from the government and other government agencies in its undertakings. This analysis utilizes a heuristic approach to dissect the Monsanto’s relationship and performance in the market amidst ethical, social and legal odds.
Monsanto Company and Government Ties
Challenges facing Monsanto Company have been many. This company has been engaging in unscrupulous undertakings that have led to innumerable law suits against the company. In many countries, Monsanto Company’s products continue to be banned while others face law suits on their viability and safety in the public.
During the 2008 campaign trail, president Obama was quite instrumental in condemning agricultural corporations and their various regulatory bodies. More specifically, Obama was quoted as saying that once they get into office, they will tell ConAgra that their main area of operation is not Agribusiness but rather Agriculture. However, upon entry into office, Obama changed his tone possibly due to influence by the biotech industry. The appointment of Tom Vilsack, who was a pro-biotech former Iowa governor, into the position of the USDA Secretary signaled to the bio-tech conglomerates that they could influence regulatory frameworks. Following this appointment, other Monsanto executives were poached into the administration including Michael Taylor who was the Vice President of Monsanto, Roger Beachy who was a former director of Danforth Plant Science Center that was an affiliate company and ...


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...shows a consistent increase from 2.16 in 2011 to 2.38 and 2.49 for 2012 and 2013 respectively.
In general it is clear that the company’s main focus is profitability at the expense of consumers. These results are consistent with the initial assertion by the President of the company noted earlier.
Conclusion
In conclusion, it is emergent that Monsanto Company has been hitting the news headlines for the wrong reasons. However, the country’s overreliance in its product for food products makes it hard for regulatory and law makers to impugn stringent regulatory measures. The company has been amassing power by acquiring its competitors in the market and threatening the existence of other market players. Financial analysis indicates that the company is money oriented and all its undertakings are to ensure that it has a consistent growth despite legal challenges.



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