MGT 3725 Group Memo - Management 3725 Genetically Modified...

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Management 3725 Genetically Modified Foods To: Dr. Rakestraw From: Team 6 Date: June 27, 2011 Re: Memo Assignment According to the Cambridge Dictionary, the definition of Genetically Modified food is food from crops whose genes have been scientifically changes. Most people do not realize how much Genetically Modified (GM) fruits and vegetables are used on a daily basis and how much they actually consume them. These foods are not labeled, set aside, or separated from regular fruits and vegetables. GM foods have become a legitimate market in the food industry, and with companies and farmers seeking effectiveness and efficiency, the fact of whether or not it is ethically and socially responsible is questioned. The purpose of this memo is to inform the reader of the many aspects of the history, development, usage, and future of GM foods and shed light onto the ethical and social questions that are raised with their usage.
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History and Development of Genetically Modified Fruits and Vegetables The mass production of genetically modified fruits and vegetables is a fairly new phenomenon. However, genetic engineering has been practiced by farmers dating back to prehistoric times according to an American Radio Works article titled “History of Genetic Engineering”. Foods were being manipulated through fermentation and yeast; and by allowing natural breeding between related variations of plants, farmers and naturalist were able to create “hybrids”, an early form of genetically modified crops. A major stepping stone in genetic engineering came when James Watson and Francis Crick cracked the genetic code by identifying the double helix at Cambridge in 1953(http://www.gmcrops.ewebsite.com/articles/history.html). After this great innovation many attempts at genetically modified foods began to come in to fruition. With the world changing at such a fast rate after the mid-20th century many of the early attempts at genetically modified fruit and vegetables were a result of “satisficing”. This is not an attempt to discredit the pioneers of these experiments, because it takes a vast amount of knowledge and great deal of esteem to even make an attempt. However, in 1967, a new breed of potatoes was engineered called Lenape potato. These potatoes were engineered to hold high solid train which is good for making potato chips, but two years later Lanape potato began to develop a toxin called solanine. This eventually led to the withdrawal of these products from the market by the U.S. Department of Agriculture(http://business-conference-call.net/business-conference- call-service/genetically-modified-food-fruitd-and-vgetables/). Unlike the past when low efficiency was a problem due to the lack of technological development, effectiveness was the only obstacle that needed to be overcome. The emergence of genetically modified fruits and vegetables came about in 1992 when
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This note was uploaded on 03/12/2012 for the course BUSINESS 4500 taught by Professor Warren during the Spring '12 term at Youngstown State University.

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MGT 3725 Group Memo - Management 3725 Genetically Modified...

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