Employees Owner Suppliers Retailers Shareholders Managers Government Do Now! Employees Owner Suppliers Retailers Shareholders Managers Government Local Community Pressure groups Partners

Employees Owner Suppliers Retailers Shareholders Managers Government Do Now! Employees Owner Suppliers Retailers Shareholders Managers Government Local Community Pressure groups Partners

2.1.5 Stakeholders – their differing interests Lesson Objectives Define Key Terms Identify different stakeholder groups in businesses Explain different interests of stakeholder groups Assess possible conflicts between different types of stakeholder groups Evaluate consequences to businesses of not listening to stakeholder groups Answer exam questions on the topic

In the exam… Types of exam questions “State 3 stakeholders of Business X” 3 marks “Explain the interest Stakeholder A has in Business X” 2 marks “Explain how two different groups of stakeholders may have differing interests in Business X” 4 marks “Evaluate the possible consequence of Business X not listening to its stakeholders” 10 marks SKILLS I NEED IN THE EXAM: Define stakeholder Give examples of stakeholders for specific businesses Explain the interests of specific stakeholders for a specified business Explain how stakeholders have different interests in a business which may result in conflict. Evaluate the consequences of a Business not listening to its stakeholders

Key Concepts:

Key Concepts:

Plenary Lesson Objectives Define Key Terms Identify different stakeholder groups in businesses Explain different interests of stakeholder groups Assess possible conflicts between different types of stakeholder groups Evaluate consequences to businesses of not listening to stakeholder groups Answer exam questions on the topic