Stakeholders Starter If Beauchamps High School was planning to build a new floodlit 3G Football pitch on the school field – who would be affected by it – in both positive and negative ways?? Lesson Objectives All students will understand The Most students will be different types of Stakeholders able to apply these to different business contexts Some students will Evaluate the importance of involving stakeholders in key decisions Task Discussion points pg11 – on your Economic Agents Individuals and organisations involved in an economic activity Primarily seen as the producers (involved with the production process at some level) or consumers (using the good or service) The economic agents with an interest in a specific business are its stakeholders Stakeholders Theory Put notes continued - Copy diagram 3.1 pg12 these into context – Beauchamps example from starter Corporate Social Responsibility Involves a business behaving in an ethical way and accepting responsibility for its effects on all of its stakeholders including the wider community and the environment Think Point – in pairs consider the advantages and disadvantages of zero-hour contracts pg15 – do the pro’s outweigh the cons? Plenary Write a comprehensive list of possible conflicts (Q2) from “Primark” – pg16
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