This 29-slide lesson on stakeholders for the AS Business 9609 curriculum introduces students to the concept of stakeholders—individuals or groups affected by or affecting a business’s operations—distinguishing between internal (e.g., employees, managers) and external (e.g., customers, suppliers) stakeholders.
It explores potential conflicts arising from differing stakeholder objectives, such as profit maximization versus employee welfare, and examines strategies for resolution.
The lesson incorporates Edward Freeman’s stakeholder theory, emphasizing the importance of creating value for all stakeholders, not just shareholders, and includes a video resource to deepen understanding.
A role-play activity engages students in simulating stakeholder conflicts, fostering empathy and negotiation skills. Visual aids like stakeholder maps and concise notes support comprehension, aligning with the curriculum’s emphasis on ethical considerations and corporate social responsibility.
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The Business and Economics Playground
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