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Essay / Research Paper Abstract
A 6 page paper discussing Monsanto as a global company in terms of economic principles. Globalization allows Monsanto to operate in areas of lower cost where its products also will sell for lower prices. Operating in other countries reduces the company's currency risk relative to operating internationally only from US locations, and also allows Monsanto to become a valued member of the communities in which it operates. Bibliography lists 6 sources.
Page Count:
6 pages (~225 words per page)
File: CC6_KSglobMons.rtf
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Unformatted sample text from the term paper:
an $11.97 billion company with more than 21,000 employees worldwide. The original company was founded in 1901, "incorporated as a subsidiary of Pharmacia in 2000, and then spun off
as a separate company in 2002" (Company History, n.d.). Since 2002, "the Monsanto of today is focused on agriculture and supporting farmers around the world in their mission to
feed, clothe and fuel our growing world" (Company History, n.d.). Monsanto labels itself not as a chemical or seed company, but as an agricultural company (Company History, n.d.).
It operates in 61 countries in all major regions of the world and sees as its mission a role in helping to feed the worlds people. Relevance in the Global
Market Monsanto is an old company that strives to continually reinvent itself. In contrast to those that change only for changes sake,
Monsanto frequently has no direct strategy but always holds a vision for the future. In the mid-1990s, that vision was for sustainable development - not for Monsanto, necessarily, but
for underdeveloped parts of the world. This was a high-sounding goal, and superficially appeared to be in keeping with Monsantos record of having
good ideas but failing to capitalize on those ideas. It would prove to be quite sound, however, and even visionary. In order to achieve its broader goals, Monsanto
would focus on agricultural chemicals, plant biotechnology and food ingredients to "define a new competitive environment in which the company wanted to operate" (Grosse and Shamsi, 1997; p. 3).
Analysts at Standard & Poors explain how and why this approach to its business works for Monsanto. Those analysts assessment of the company
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