Position If there were one word to explain what Monsanto is ab by, it would relieve oneself to be farmers. Billions of people depend upon what farmers do. And so will trillions more. In the following(a) few decades, farmers will have to grow as some(prenominal) food for thought as they have in the past 10,000 geezerhood combined. It is our objective to work alongside farmers to do exactly that. To put out more food. To produce more with less, conserving resources like soil and water. And to turn better lives. We do this by selling seeds, traits developed done biotechnology, and surf protection chemicals. Mission statement from Monsantos website Founded in 1901 as a chemical company, the Monsanto Company of today just now resembles its designer self. Starting in 1981, Monsanto began to diversify its operations into biotech harvest-festival research. This apace became Monsantos core business, and the chemical division was spun-off all in 1997. Monsanto released its first genetically engineered product, bovine growth hormone, in 1994. This was followed by genetically modified (GM) soybeans and cotton in 1996 and GM corn in 1997. These genetically engineered seeds were developed specifically for their rampart to the weed killer Roundup, which was an existing Monsanto product that had been introduced in 1976.
These seeds, which Monsanto dubbed Roundup-ready relinquish farmers to spray their palm with the herbicide to kill weeds without touching the crops themselves. While these products ab initio debuted to a rocky start, the gradual word sense of GM crops has turn them into a cash cow f! or Monsanto. Monsanto soon dominates the market for GM seeds, possessing over 90% of market apportion directly or by licensing its technology to competitors. (Hindo and Schneyer, 6) This success is intelligible in Monsantos reported net profit of $2.1 million on $11.7 billion of revenue in 2009. Monsanto shares have uprise 1000% since Hugh confess took over as chairman and chief executive officer in 2003. (Hindo and Schneyer, 1) The very...If you compliments to get a full essay, tell apart it on our website: OrderCustomPaper.com
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