Business - Physical Resources in a Zoo Setting

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Physical Resources in a Zoo Setting

Physical resources are items that are necessary and available for a business to function. These items may be important to the operation of the business, take up space and/or have value to the company.  

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Different Types of Physical Resources

Property and Energy, Labour, Vehicles and Machinery, Materials and Tools and Equipment.  

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Physical Resources: Property and Energy

Consists of the building(s) where the business is operated, it may also have other values associated with it such as energy, electricity, water and gas. The tenure refers to the financial arrangements under which someone pays for the property. This can either be owner occupancy (the person owns the building in which they run the business) or tenancy (the person rents the building in which a set figure is paid to a landlord on a monthly basis).  

In a Zoo Setting... 

The owner will need to invest in suitable land space. This is because the Zoo Licensing Act 1981 states that zoos should accommodate animals properly, this means they should satisfy the biological and conservation requirements of that species. 

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Physical Resources: Labour

  • Biggest controllable physical resource. 
  • Effective business relies on the correct amount of staff to meet business demand. Not enough staff = cannot meet demand. Too many staff = no business profit (possibly even a loss) 
  • Businesses need to achieve maximum benefit from its employees at the minimum cost to make profit. To achieve this, you need to determine a budget for labour.  

In Zoos...

Zoos need to employ zookeepers, caretakers, ticket sellers and cleaning and catering staff generally as a minimum (Real Business, 2017).  

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Physical Resources: Vehicles and Machinery

  • Can be extremely costly. Machinery can be a sizeable resource. Without machinery your business may be virtually impossible to operate. 
  • Supplies are needed to run the business but are not sold as a stand-alone product. 

In Zoos... 

Generally, in the form of vehicles used for transport for keepers and staff around the site and to transport animals around the zoo and to and from other zoos. Can also be things like weighing scales suitable for larger animals such as rhinoceros and elephants. Also, temperature control systems and ventilation for inside exhibits. 

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Physical Resources: Materials

  • Raw goods that will be use in the production of other products. 
  • Materials are not used for the operation of the business, but are a good that will be transformed and sold as a new product. 

In Zoos... 

Materials in zoos are often used in the building of new exhibits, or fixtures and fittings within those exhibits. 

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Physical Resources: Tools and Equipment

  • Items you'll need to perform your daily tasks
  • Items not only have an initial purchase cost, but in some cases also have a running cost associated with them

In ZoosThis can include tools such as spades, forks, walkie talkies (for use by keepersto stay in contact around the zoo), wheelbarrows etc.

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Why Physical Resources are Important?

Physical resources are important because they allow business to run smoothly as well as efficiently and, in some cases, can improve the welfare of animals in the care of the zoo. If the zoo is not efficient and does not have good welfare standards for the animals then they may lose the interest of the public or even fail an inspection, both leading to them possibly closing down. Efficiency can also reduce cost which can be spent on other things as there is less wastage. 

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