STAKEHOLDERS Unit 2 GCSE Business and

Transcript:STAKEHOLDERS Unit 2 GCSE Business and:
STAKEHOLDERS Unit 2 GCSE Business and Communication Systems Learning Outcomes Students should be able to: define the term stakeholder demonstrate knowledge and understanding of the following different stakeholder groups that may have an interest in a business discuss how the aims of these stakeholders may be in conflict Images © thinkstockphotos.co.uk Stakeholder Definition A stakeholder is an individual, group or organisation that has an interest or concern in the activities and performance of an organisation. Stakeholders can affect or be affected, either positively or negatively, by the organisation. Images © thinkstockphotos.co.uk Pupil Activity Working with a partner you have five minutes to: identify the key stakeholders in your school produce a spider diagram, recording the names of these stakeholders be prepared to feedback to the class based on the feedback from other pairs, add any stakeholder groups you hadn’t thought of to your diagram Images © thinkstockphotos.co.uk Images © thinkstockphotos.co.uk Images © thinkstockphotos.co.uk Pupil Activity Working in threes you have fifteen minutes to: select two of these stakeholder groups or your teacher may allocate them to you discuss why these stakeholders have an interest in your school discuss why your school has an interest in them provide examples of how these stakeholders could affect or be affected, either positively or negatively, by the school be prepared to feedback to the class Images © thinkstockphotos.co.uk Whole Class Activity Work with your class to: Identify the stakeholders who have an interest in a business produce a spider diagram, recording the names of these stakeholders Images © thinkstockphotos.co.uk Images © thinkstockphotos.co.uk Images © thinkstockphotos.co.uk Pupil Activity Working in threes you have ten minutes to: select two of these stakeholder groups or your teacher may allocate them to you discuss why these stakeholders have an interest in a business discuss why a business is likely to have an interest in them provide examples of how these stakeholders could affect or be affected, either positively or negatively, by the business be prepared to feedback to the class Images © thinkstockphotos.co.uk Business Stakeholders Owners/shareholders Managers/employees Competitors Suppliers Consumers Financial institutions Trade unions Local community Images © thinkstockphotos.co.uk Owners/Shareholders Interest & Conflict OWNERS Profit focus – maximum return Livelihood Success Reputation SHAREHOLDERS Part owners of a limited company Investment - shares - dividend Attend the Annual General Meeting (AGM) and vote for the Board of Directors CONFLICT with the aims of: Managers/employees/trade unions Competitors Suppliers Consumers Financial