learners will carry out research that allows them to clearly link familiar and obvious features of
the businesses and the stakeholder influence to success factors.
To be completed for both businesses
Explain the features of two contrasting businesses:
- Ownership structure - What is it (KNOWLEDGE)
- Public Limited Company - Definition - features PLC - Application to the
business
- Liability - What does that mean PLC - Limited Liability - Explain
- Who is liable in your business - Apply
- Scope - What activities does your business carry out (operations)
Apply to your chosen business
- What sector of industry is your business in (Primary, Secondary,
Tertiary) - Explain and Apply to your chosen business
- Size - how big is the business - countries, MNC, employees etc.
Global, National, International
- Aims, Objectives & Mission of the business
All of the above for the charity
Ownership structure of the charity and liability - needs to be addressed
To be completed for both businesses - additional research is required to
meet this criteria
Explain how two contrasting businesses are influenced by stakeholders.
Definition of who a stakeholder is
Explain the difference between internal and external stakeholders
Internal Stakeholders:
Employees - Interest and influence on the business (Real Examples linked to the
business)
Managers - Interest and influence on the business ((Real Examples linked to the business)
Directors - Interest and Influence on the business (Real Examples linked to the business)
Owners - Interest and Influence on the business (Real Examples linked to the business)
External Stakeholders:
Customers - Interest and influence on the business (Real Examples linked to the business)
Suppliers - Interest and influence on the business (Real Examples linked to the business)
Local Community - Interest and Influence on the business (Real Examples linked to the
business)
Government - Influence and Influence on the business (Real Examples linked to the
business)
Shareholders (plc) - Interest and Influence on the business (Real Examples linked to the
business)
Pressure Groups - Interest and Influence on the business (Real Examples linked to the
business)
To be completed for Both Businesses
Assess the relationship and communication with stakeholders of two
contrasting businesses using independent research.
Assess Each of the businesses relationship and communication with its
stakeholders, and arrive at conclusions about how well each business
communication impacts on its relationship with stakeholders.
BUSINESS A
Scenario 1 - assess the communication with examples
In your opinion How does this impact their relationship?
Scenario 2 assess the communication with examples
In your opinion How does this impact their relationship?
Scenario 3 - assess the communication with examples
In your opinion How does this impact their relationship?
BUSINESS B
Scenario 1 - assess the communication with examples
In your opinion How does this impact their relationship?
Scenario 2 - assess the communication with examples
In your opinion How does this impact their relationship?
Scenario 3 - assess the communication with examples
In your opinion How does this impact their relationship?
To be completed for both businesses
Explore the organisation structures, aims and objectives of two contrasting
businesses.
Picture of the organisational structure
Break down of each functional area - what they do - roles/ responsibilities
Breakdown, who works where, what is their job role/ responsibilities, decision making
ability)
Finance
IT / Support
HR
Marketing /Sales
Admin
Operations
To be completed for both businesses
Analyse how the structures of two contrasting businesses allow each to achieve its
aims and objectives.
How does each functional area interrelate or work together for the business to meet
its aims and objectives
Finance - How does each functional area interrelate or work together for the business
to meet its aims and objectives
IT / Support - How does each functional area interrelate or work together for the
business to meet its aims and objectives
HR - How does each functional area interrelate or work together for the business to
meet its aims and objectives
Marketing /Sales - How does each functional area interrelate or work together for the
business to meet its aims and objectives
Admin - How does each functional area interrelate or work together for the business to
meet its aims and objectives
Operations - How does each functional area interrelate or work together for the
business to meet its aims and objectives
To be completed for both businesses
Evaluate the reasons for the success of two contrasting businesses, reflecting on
evidence gathered.
How do the features of the business make it successful (Operations, Size, Scope,
Structure)
How do the relationship and communication with internal stakeholders make the
business successful
How does the relationship and communication with external stakeholders make the
business successful
