Cast Study Ban on Shark Fin Soup

Case Study – Banning of Shark fin soup in Jade Restaurant.
The refusal of not banning shark fin soup at Jade Restaurant can affect many stakeholders. This includes the owner/shareholder, suppliers, special interest groups (SIGS), customers, and also the government. The owners and shareholders are definitely going to be affected because if the ban were to go through they would lost a portion of the profit that they would’ve earned if it weren’t for the ban. The suppliers are obviously going to be affected as well if the ban gets through, as they will not be able to supply the restaurant with shark fins, therefore their profit will go down. They would’ve lost a trade partner or maybe have to find a new one. Special interest groups, especially the pressure groups will rejoice because they have accomplished their goal in banning shark fin soup in the city. Another external stakeholder that is affected is the customers. They are partly why activists groups are banning shark fin soup, because there are so many people buying it. Customers who originally come to Jade Restaurant for their shark fin soup will be disappointed. They may have to travel very far to eat shark fin soup and even may have to do it illegally. Lastly, the government will be affected if this ban does get through. The government is in charge of passing the law. If activist group gets enough attention and influence from the general public then the municipal government will have to act upon the public’s interest and introduce a bill. There are many conflicts that arise in this situation. For one, if the ban does not get pass and the owner decides to continue the shark fin soup business then the activist groups may lobby and give a bad name to Jade Restaurant. This may persuade customers to not eat there, even if they are not going there for shark fin soup anyway. Their name could be soiled by the media, which in this case, is spread through the activist groups. Stakeholder Map | Low Power | High Power