Customer are not directly attached with the technological town company is facing
ID: 418521 • Letter: C
Question
Customer are not directly attached with the technological town company is facing a huge disadvantages in terms of the technological implementation into it system as well as the customer relations.
Question : Please provide a real world example of this. As a consumer, what are perspectives on this?
Read discussion Below :
Ethical, Social, and Political Issues
The company Monsanto is a world leader in production of Agricultural and vegetable seeds well known for producing quality that as well as providing Chemicals for protecting the crops. Monsanto is also very well known for improving the life of farmers.
Genetically modified organisms are considered as a bad term in the market today. Action forces that are directly affect the genetically modified organism can be defined as political as well as economical factors. Specific factor provide the barrier to the development of the genetically modified organisms. Organisation space and economical and inability in developing the genetically modified organisms. these specific factors influencing genetically modified organism market buy a great portion.
The genetically changed object face the socio-cultural issues as well as ethical issues because this specific modifications are not considered as ethical in many of the countries across the globe. While having a genetically modified object can increase the overall productivity of the specific organism, this is genetic modification organism industry also peace is a large criticism from various economic and as well as organic Industries across the globe.
External Control for monsanto using Political Economical Sociocultural Technological (PEST)
Politically, Monsanto does not use that much political influence as compared to the other means companies would be used in grilled food products. His is dealing in the seeds, government allow this company to deal according to their own system. Genetically modified organism can be a difficult task to title in the political aspects of different countries across the globe. The management system has been successfully Controlling this field very well.
Economically, monsanto is the biggest revenue generator in the seed market across the globe and external factors like economic deprivation does not affect companies overall economy. The growing market like India and China which are highly people of buying stuff from monsanto are affecting the company overall economy and company is finding trouble to increase its overall business inside the specific countries.
Sociocultural, Also creating trouble for the company. As most of the Other organic company that projecting monsanto as a genetically modified organism company which is unethical to the society. Having this kind of production company is facing some rejection from its customers across the globe.
Technological, the biggest influencing factor of this company is technology. Customer are not directly attached with the technological town company is facing a huge disadvantages in terms of the technological implementation into it system as well as the customer relations. These are one of the main external factors which are affecting the company is overall says as well as business structure in two different field. Technical implementation is directly affecting the overall efficiency of the system.
Advantages, the company has a huge customer following which is globally available in every continent and subcontinent. Monsanto is called the giant industry in agricultural seeds and it's also a market leader in the same industry. To be really strong research and development capabilities and state of the art technologies in biotechnology and genetic engineering which deliver the quality seeds. An aggressive rising which is very affordable which is directly related to the customer loyalty. Huge supply chain network which is very efficient. Wide range of availability of different type of seeds which are available in each and every market around the globe. It has collaboration with BASF which is the world's largest chemical making company which provide the basic research and development support for the pesticides.
Disadvantages, the company has very limited market share in its field. Companies work structure includes is falling into sub continents and getting employees in subcontinent is a tough task for the company. List technological advancement is one of the most week part of the company.
Briefly, the companies customer loyalty is decreasing due to multiple lawsuit against the company for harmful effects of that pesticides. As the new competitors are entering the market companies competition is increasing and as the farmers are getting more aware company's policy is also prone to attack. Certain products of the company cannot be used as they are prohibited by the environment regulations
Explanation / Answer
Company X A genetically modified seed manufacturer in the USA is also the manufacturer of pesticides and herbicides. Despite their continuous claim that the modified seeds will give better production to the farmers, and eliminate the need pesticides and herbicides their claims are baseless. The consumption of pesticides has increased by 20% in just 1 year. The crops from these seeds require for pesticides and in some cases have become resistant to existing pesticides and herbicides. The farmers are forced to use more pesticides manufactured by the same organization Company X.
These seeds are also more expensive and they continue making huge profits both in seed and pesticide segments.
As a consumer I think following steps should be taken:
The Company X also as per ethics and by following CSR should stop this practice and go for a healthier product line.
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