Manipulating the indian cotton industry

Assignment Help Business Management
Reference no: EM131025988

Environmental and human rights groups have accused Monsanto of manipulating the Indian cotton industry. Over 90 per cent of cotton-growing land in India is seeded with Monsanto seeds. These seeds are either hybrid varieties or have been genetically modified, ostensibly for the purpose of increasing quality, yield, and resistance to pests and disease. For many poor Indian cotton farmers who borrowed money to purchase the significantly more expensive seeds in the hope of reaping the promised benefits, these benefits did not appear to relieve farmers' significant debt and they certainly did nothing to repay it. A significant number of these farmers have resorted to suicide as a result of their predicament.

Monsanto blames improper or insufficient irrigation and improper use of pesticides for the underperformance of their seeds in the hands of poorer farmers and point to the increased yields achieved by wealthier farmers.

1. MNCs have a history of moving into emerging markets with considerable disruption to local agricultural market conditions. What are the responsibilities of companies, if any, with respect to people adversely affected by these disruptions?

2. Monsanto had introduced a variety of genetically-modified seeds with a suicide gene to prevent future regrowth, and this created a situation where farmers were unable to save seeds for future years. They were forced to purchase new seeds each year. The motivation for that genetic modification was viewed by several environmental and human rights groups as a vehicle for increasing Monsanto's profit at the expense of the farmer without any ensuing agricultural benefit. Is Monsanto's action of genetically modifying the cotton seeds morally right or morally wrong? Explain, considering the effects of the ways in which they are modified

Reference no: EM131025988

Questions Cloud

Cassell company accepted credit cards in payment : Cassell Company accepted credit cards in payment for $8,650 of services performed during March 2014. The credit card company charged Cassell a 4 percent service fee.
What is dawson opportunity cost for gathering one stake : What is Dawson's opportunity cost for gathering one stake? One fish? What is Buffy's opportunity cost for gathering one stake? One fish? Who has the comparative advantage in stakes? In fish
Freedom and equality in the segregated south : What role does education play in the African American struggle to achieve freedom and equality in the segregated South?
How much does luke need to earn per year : How much does Luke need to earn per year (at least) to comfortably afford his repayment if he needs to allocate 12% of his paycheck?
Manipulating the indian cotton industry : Environmental and human rights groups have accused Monsanto of manipulating the Indian cotton industry. Over 90 per cent of cotton-growing land in India is seeded with Monsanto seeds. These seeds are either hybrid varieties or have been geneticall..
Ax = b is inconsistent for some b in rm : Prove the following statement:Let A be an m x n matrix such that Ax = b is inconsistent for some b in Rm, then rank(A)
Prepare an income statement retained earnings statement : Prepare an income statement, retained earnings statement, and statement of cash flow for the month of July. Prepare a balance sheet for July 31st.
Given the list of costs and benefits of an erp system : Q. Given the list of costs and benefits of an ERP System, identify how Mar-Bal's experience with ERP upholds three of those benefits. Also, with respect to costs, identify three examples experienced by the firm mentioned below.
What if any is the gain on the sale : What, if any, is the gain on the sale of half of Pink's interest in Brown? (Points : 1) $0 $9,000 $169,000 $338,000

Reviews

Write a Review

Business Management Questions & Answers

  Conflict resolution careerscould someone please give me an

conflict resolution careerscould someone please give me an idea on a good business career interest. then please tell me

  Economics for decision-makingdetails as the research starts

economics for decision-makingdetails as the research starts to come in about your expansion opportunities abroad the

  Minimal-effects model about influence of mass communication

Write down fictional, first-person account of creation and consequence situations of subordinate group in United States in form of a 700- to 1,050-word journal entry.

  What are some budgetary concerns in planning an event what

what are some budgetary concerns in planning an event? what is the effect of a needs assessment on the budget? what

  Analyze your communication skills other cultures

analyze your communication skills other cultures demographics co-workers and studentswrite a short analysis of your

  How would you value the goodwill

The reason for that is to create goodwill and how would you value the goodwill that is obtained in this way?

  Important information about external effects on workplace

important information about external effects on workplace health and safetyanalyze how emotional and physical aspects

  Explain what do you think about the use of sweatshop labor

Explain What do you think about the use of sweatshop labor and How does your understanding of labor economics influence your opinion?

  Internal communication strategies memo

Review the following fictional internal communication strategies memo

  Unique small businessstep 1 do some online investigation to

unique small businessstep 1 do some online investigation to identify a business that consider to be unique odd unusual

  Perform poorer than low­cohesion teams

High­cohesion teams perform poorer than low­cohesion teams when Which of the following are two features that distinguish virtual teams from conventional teams

  Due process and ewings 7 guidelines definedexplain the term

due process and ewings 7 guidelines definedexplain the term due process and relate it to its use in business as well as

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd