Who Are Stakeholders in Business? Complete Guide with Case Study | Exploring the World скачать в хорошем качестве

Who Are Stakeholders in Business? Complete Guide with Case Study | Exploring the World

Who Are Stakeholders in Business? Complete Guide with Case Study | Exploring the World Welcome to a complete and detailed explanation of Stakeholders in Business based on the Exploring the World curriculum. In this full lesson, we break down everything students need to understand about stakeholders, social costs, social benefits, and ethical responsibility in business. WHAT YOU WILL LEARN IN THIS VIDEO: 1️⃣ What Are Stakeholders? Stakeholders are individuals or groups who are involved in or affected by a business’s activities. Businesses do not operate alone — they exist within a network of relationships. 2️⃣ Internal Stakeholders: • Workers – Want fair wages and job security. • Managers – Plan and organize for success. • Owners – Focus on profit and financial return. 3️⃣ External Stakeholders: • Customers – Expect quality goods at reasonable prices. • Suppliers – Provide materials and services. • Government – Collects taxes and sets business rules. • Community – Benefits from employment but may oppose pollution. 4️⃣ Social Benefits (Positive Impacts of Business): • Job creation • Boosting the local economy • Community projects (housing, sports facilities, green areas) • Infrastructure development • Redevelopment of land 5️⃣ Social Costs (Negative Impacts of Business): • Pollution (air, water, noise, visual pollution) • Waste discharge into waterways • Burning fossil fuels • Business closures leading to unemployment 6️⃣ Ethical Responsibility in Business: • Reducing pollution even if profits decrease • Avoiding unethical suppliers (e.g., child labor) • Supporting charitable projects • Placing moral values above pure profit 7️⃣ Case Study: Region X – Brownfield Site • 5,000 jobs lost after coal mines closed • Economic hardship for the community • Creation of a brownfield site • Clean-up and environmental restoration • Infrastructure building • Attracting new businesses • Job retraining programs • Sustainable redevelopment plan • Transformation into a thriving economic and social hub This lesson is perfect for: ✔ Grade 6 Social Studies ✔ Middle School Economics ✔ Business Studies Students ✔ IGCSE / International Curriculum ✔ Teachers preparing classroom explanations ✔ Students preparing projects Why This Topic Is Important: Understanding stakeholders helps students see that business success is not just about profit. A successful business balances economic growth, community well-being, environmental protection, and ethical responsibility. Stakeholders rely on the business, and the business relies on stakeholders. If you want clear, structured, easy-to-understand explanations of business concepts, this channel is for you. Make sure to: LIKE 👍 COMMENT 💬 SHARE 📤 SUBSCRIBE 🔔 More lessons on: Business Studies Economics Social Studies Classroom Projects Educational Curriculum Content #StakeholdersInBusiness #BusinessStudies #SocialStudies #ExploringTheWorld #InternalStakeholders #ExternalStakeholders #BusinessEducation #MiddleSchoolBusiness #IGCSEBusiness #EconomicsLesson #SocialBenefits #SocialCosts #BusinessEthics #EthicalResponsibility #BrownfieldSite #BusinessCaseStudy #CommunityImpact #GovernmentAndBusiness #BusinessAndEnvironment #EducationChannel #LearningMadeEasy #SchoolCurriculum #StudentsLearning #BusinessExplained Classroom Lesson Stakeholders in Business, stakeholders explained, definition of stakeholders, internal stakeholders examples, external stakeholders examples, workers managers owners customers suppliers government community, social costs in business, social benefits in business, business and environment lesson, business and community relationship, pollution caused by business, job creation economics, business closures impact, brownfield site case study region x, redevelopment plan explained, ethical responsibility in business, avoiding child labor suppliers, government collects taxes business, community employment opportunities, middle school business lesson, grade 6 social studies stakeholders, exploring the world stakeholders lesson, IGCSE business stakeholders, economics for beginners, business ecosystem explained, business impact on society, classroom project stakeholders, business studies curriculum, business success and ethics, sustainable business practices, environmental responsibility business, infrastructure development example, job retraining programs business, educational business video, business revision lesson, students business studies help, simple explanation stakeholders, business studies exam preparation