This is a 15-slide PowerPoint which covers the 2nd of 3 parts which make up Learning Aim A of Unit 1 (Exploring Business). This is A2 - Stakeholders and their Influence.
Teachers will be required to do no other work. These PowerPoints include questions and activities as well as videos and they have been written by a BTEC Moderator and used with hundreds of students across the years.
There is about 90 minutes worth of teaching in this PowerPoint.
This PowerPoint covers the concept of stakeholders and their impact on business success. It includes the following key points:
- Definition of Stakeholders: Stakeholders are individuals or groups with an interest in the actions of a business. They can be internal (e.g., managers, employees, owners) or external (e.g., suppliers, lenders, competitors, customers, government agencies, communities, pressure groups, interest groups).
- Stakeholder Needs and Conflicts: Different stakeholders have varying needs, which can lead to conflicts. For example, employees need job security and fair wages, while owners may want to maximize profits by minimizing wages.
- Influence of Stakeholders on Business Success: Internal stakeholders like managers, employees, and owners influence business success through their decisions, productivity, and investments. External stakeholders like suppliers, customers, and community groups also play a significant role through their quality, loyalty, and social media influence.
- Managing Stakeholder Relationships: Effective management of stakeholder relationships involves communication, consultation, and involving third parties like trade unions and pressure groups. This helps in making informed decisions and maintaining good relations.
- Stakeholder Mapping: Businesses use stakeholder mapping to understand the relative power and interest of different stakeholder groups. This helps in determining how involved each group should be in the decision-making process.
- Case Study - Olympic Games: The presentation also includes a case study on stakeholders and the Olympic Games, illustrating the practical application of stakeholder management principles.
**Please look out for PowerPoints A1 and A3 which together make up the whole of Learning Aim A for this Unit.
Discounted bundle: buy all 3 PowerPoints and get a discounted rate of 33% off!**
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EDEXCEL PEARSON BTEC Business Level 3 - Unit 1 - Exploring Business - COMPLETE UNIT
BTEC Business Unit 1 (Exploring Business) - 14 Powerpoints, representing the **WHOLE UNIT** Every Learning Aim comprehensively covered and all materials written by an experienced teacher and BTEC Moderator. PowerPoints contain all the materials that your students will need and include activities, questions and videos to review and reinforce knowledge. 46% discount on cost of buying individual PowerPoints. Want individual Learning Aims or elements within them? Search for the individual Elements that you require.
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EDEXCEL BTEC Business Level 3 - Unit 1 - Exploring Business - Complete Learning Aim A
These 3 PowerPoints represent the COMPLETE first element of Unit 1. In other words, this is everything you will require to teach Learning Aim A. The PowerPoints include activities, videos and questions and cover: A1 - Features of Business A2 - Stakeholders and their influence A3 - Effective Business Communication. 33% discount on cost of buying individual PowerPoints. Look out for the other parts of the Unit too!
£8.00
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