Describe today’s pluralist society and outline the challenges and opportunity it presents for modern business.Do you believe this provides further justification for stakeholder approach to business?Provide evidence
• Definition/Explanation of pluralism (a pluralist Society)
Increasingly complex business landscape
Balance between various S.I.G’s should lead to a balanced sharing of power and overall societal gain
• Exploration of opportunities and challenges pluralism produces for modern managers
• Rise of large MNC’s (Power/Influence)
• Power/Influence of more diverse range of stakeholders (e.g. grass roots organisations, community groups, etc.)
• Clear link between a pluralist society and a stakeholder approach to business
Evidence of increasing relevance of SH approach, including relevant examples
Increasingly varied, shifting, and complex set of stakeholder to consider
Mention of ethics/CSR
• Appropriate examples/case studies
• Inclusion of relevant theory and references
