Transcript Stakeholder Objectives

Stakeholder Objectives
Year 9 GCSE Business Studies
Starter Activity
Three Piece Suite
Dr. Do Little
Don’t Talk Back
Jack in the Box
Long Time No See
Learning Objectives
£
To know at least 5 different
Stakeholders of a business and
what a conflict of interest might be
(E-D)
££ To analyse why conflicts of
interest occur between
stakeholders (C-B)
££ To apply knowledge in answering
some written questions (C-B)
Conflicts of Interest
What is meant by a ‘Conflict of Interest’?
An employee will want….from a business.
A manager will want…from a business.
Different Stakeholders will want different
things from a business. They may not
always agree.
A ‘Conflict of Interest’ will occur.
Shenfield High School
What Conflicts of Interest might occur
between the following Stakeholders?
• Students
• Teachers
• Suppliers of paper and pens
• Parents
• Local Community
CHOOSE TWO STAKEHOLDERS AND
EXPLAIN THE POSSIBLE CONFLICT.
Example to get you started…
Teachers v Students
What do Teachers want that Students
might not?
Activity
In pairs, you must suggest possible
conflicts of interest for each different
Stakeholder group of McDonalds.
Situation 1
A business is making a loss. How
might this affect the owners of a
business?
Situation 2
A business is expanding in size due to
increased sales. How might this affect
the managers of a business?
Situation 3
‘Workers are stakeholders in the
business in which they work.’ Explain
why this is the case.
Situation 4
A chemical’s company is about to close
a chemical’s plant in Scotland
employing 500 workers. Which
stakeholders might be affected by this
and how?
Plenary
Questions and Answers
Homework