BTEC Business Unit 1 Exploring Business Powerpoint Learning Aim A - 2 Stakeholders/their Influence

This PowerPoint is the second part of a complete delivery programme for BTEC Business Unit 1 (Exploring Business). It covers the second part of Learning Aim A and examines stakeholders and their influence.

Teachers will need nothing else other than this Powerpoint. It includes videos and activities and is designed to be delivered over 2 - 3 hours of teaching.

The presentation consists of 14 slides as follows:

• Stakeholder Types: Stakeholders can be internal (e.g., managers, employees) or external (e.g., suppliers, customers).
• Stakeholder Influence: Stakeholders influence business success through factors like shareholder value and customer loyalty.
• Stakeholder Needs: Different stakeholders have varying needs, which can lead to conflicts (e.g., employees need job security, customers need quality).
• Managing Relationships: Effective stakeholder management involves communication, consultation, and stakeholder mapping to inform decision-making.
• Stakeholder Mapping: Stakeholder mapping assesses the power and interest of stakeholders to determine their involvement in decision-making.

An excellent resource which has led to outstanding results with my students across many years and diverse groups.