Stakeholders

Learning Objectives All students will identify the different types of stakeholders Most students will explain why stakeholders may have conflicting interests, in particular business activity Some students will analyse the conflicting interests that some stakeholders in the same business have

Starter Write down three business objectives for a small sandwich shop based in Acton 3 minutes

Stakeholder groups Each group will be given one of the stakeholder groups from the handout. Your job is to read about your stakeholder group and on the A3 paper provided use illustrations to help explain to the rest of the class about the stakeholder group. Really good explanations will involve examples of stakeholders.

Stakeholder Conflict How can a business assure that it keeps all its stakeholders happy? look at each stakeholder and decide on ways a business aims to keep them happy? Which stakeholder interests are conflicting? Explain why?

Task In small groups on A3 paper draw a mindmap showing all the stakeholders at Acton High School Extension Task Write down what each stakeholder’s Acton High School Do any stakeholders have conflicting interests? 10 minutes

TESCO PLC STAKEHOLDERS 1. In a spider diagram write out all the stakeholders who have an interest in Tesco PLC (you may discuss this with your partner)

Stakeholders of a Large PLC: TESCO Employees Community Managers Customers Pressure Groups Government Shareholders Directors Financiers Suppliers

Pressure Groups What is a pressure group? How might they influence businesses and their stakeholders? Complete the worksheet on Pressure Groups 10 minutes

Plenary Write down all the stakeholders a small sandwich shop in Acton might have 5 minutes Now share your answers with your partner!