BUSI 4200 Rhino Case Group 74 Mitch Jones, Andrew Joyner, Peter Lindholm, Evan Price, Josh Scott October 2, 2012

Order of Events Introduction Define the problems Establish Criteria for Decision Collect and Analyze Data Identify Solutions and Shareholders Defend and Implement Solutions Evaluate, Review, Revise Conclusion

Define the Problem

Establish the Decision Criteria Determine the main objective of Kruger National Park. Priority: High Population control, broadening of the range for populations, spreading the risk of managing wildlife, making the populations more resilient and viable, and fund-raising for specific conservation and land expansion programs What makes a poacher want to illegally hunt rhinos? Priority: Medium How much does selling a rhino or allowing a rhino hunt help out the park financially? With population control? Priority: High How can the park combat poachers to reduce the amount of illegally killed rhinos? Priority: Medium

Establish the Decision Criteria How much can a rhino be sold for to private parties? How much can the horn be sold for? Priority: Medium How could the park improve its other tourist attractions to help improve fund raising efforts? Priority: Low For the companies that KNP sells the rhinos to, what are their motives behind using the rhinos? Priority: Medium

Collect and Analyze Data

Identify Solutions and Shareholders Kruger Nation Park not being able to completely cover cost with the revenue that they received from operating the park Tourist attraction 21 rest camps, 7 private lodge concessions, and their 11 private safari lodges There are not always good intentions of the people who purchase the rhinos from Kruger Nation Park Ulterior motives for the rhinos Extensive background checks on the potential buyers

There are poachers that roam South Africa in search for rhinos to kill and take their horns Due to the rapidly increasing demand of markets in Asia and India. Increase the amount of budget that is designated towards the SANParks Environmental Crimes Unit and the South African Police Give them sentence time and make them pay double of what a horn costs on the black market Identify Solutions and Shareholders

Defend and Implement Solutions Establish Task Force Team to investigate rhino buyers Charge fee during purchase to cover cost of team Probationary period for buyers after sale Hire previous military, and law enforcement Knowledge of country and problem

Defend and Implement Solutions cont. More efficient way of matching revenues and expenses More attractions within park Market existing attractions more Perform study to see what citizens are willing to pay Adjust prices according to study

Defend and Implement Solutions cont. High Cost of rhino hunting trip Government charge tax on trips Earmark the tax revenue for use in park Use for care and upkeep of park

Evaluate, Review, and Revise