Lesson Learning Objectives To explain how businesses are influenced by stakeholders and assess the relationship and communication between a business and its stakeholders. Do Now! 3 Minutes Choose ONE Stakeholder for Sainsbury's and answer the following questions; - What makes them a stakeholder and why are they interested in Sainsbury’s? - Are they internal or external? - How can they influence Sainsbury’s? PRESSURE GROUPS • A pressure group is interested in a business because they want to know that they have acted ethically • A pressure group can challenge and even change the behaviour of a business by: – writing letters to MPs – contacting the press – organising marches – running campaigns https://bikebiz.com/local-pressure-group-force-sainsburys-to-provide-better-bike-facilities/amp/ SHAREHOLDERS • Shareholders are interested in a business because they want to know if a profit will be made and if they will be paid a dividend • In a private limited company the shareholders may be friends and family of the owners • In a public limited company the shareholders can be anyone How do stakeholders communicate with a business? What kind of relationship do stakeholders have with the business? Conflicts? TASK You will be given two stakeholders. 20 minutes In your groups discuss and write down for each stakeholder – - How the stakeholder and business communicate? - What influence does the stakeholder have on the business? - What kind of conflicts might the stakeholder have with the business? You will report your findings back to the class. Organisational Structure What are the different organisational structures? Which structure does Sainsbury’s use and why? Homework