Tuesday, July 30, 2019

Case: Rhino hunting Essay

1. What is SANParks / Kruger National Park’s objective and vision? Is selling rhino consistent with their objective and vision? If not, then what should it be? Their objective and vision was to protect the wildlife in the South Africa National Parks. They would also generate revenue through wildlife sales, making the selling of rhino part of their vision, but they did this because they also believed in recolonization of wildlife in case of disease or poaching. They would also only relocate the species if it didn’t endanger the species in its present location, although they didn’t intend on selling to mostly hunters. 2. Who are the suppliers of rhino and what was the average selling price of a rhino? The suppliers were SANParks and Kruger National Park, with the average selling price of a rhino being $30,300. 3. What is different about selling to a safari company and a hunting company? Selling to a safari company the animal will be viewed, protected, and taken care of. When it comes to a hunting company the animal will be killed for profit. Hunting companies do have to abide by rules of how long until certain animals can be killed. 4. How does a sale to a hunting and safari company affect the economy? It generates them revenue and allows them to relocate wildlife to other areas of the world. The difference is, as stated above, they will always be taken care of in a safari company unless poached, where at a hunting company they will be killed at some point. 5. What are the driving forces behind poaching? Asians and Indians both desire rhino horns and will pay $7,200 per pound, with the average rhino horn weighing six to eight pounds. Giving the poachers great resources to be able to kill and retrieve these horns very easily. 6. How would you reduce poaching? Adding server consequences and fines to being caught can reduce poaching. I would also try and locate where the money for the recourses is coming from so that you can stop the poachers from the root. 7. How would you reduce poaching if a rhino’s horn could be cut and re-grown in six years? Poaching laws would stay the same, if not harsher for killing a rhino. 8. Construct a five forces model for the rhino sales industry. What competitive threats are associated with the rival sellers, suppliers, buyers, substitutes, and new entrants? Threats for with the rival sellers and the suppliers are all the same, which have a somewhat strong, having only SANPark and Kruger National Park, as well as the poachers, if you count the selling of rhino horns a rhino sale. The buyers consist of hunting companies, safari companies, other parks, private game reserves, or if poached the Asian and Indian black market. Substitutes and new entrants would mostly consist of poachers and the resale of rhinos by someone who has purchased from SANPark and Kruger National Park.

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