Lesson Plan

• Identify all relevant interested parties for a business decision.
• Explain the specific information each party requires and how managers provide it.
• Apply the net‑benefit model to evaluate the impact of a decision on multiple parties.
• Communicate the analysis results to stakeholders in a clear, concise format.

• Projector and screen
• Whiteboard and markers
• Printed handout of the “Interested Parties” table
• Worksheet with a case‑study decision scenario
• Calculators
• Sticky notes for group brainstorming

Begin with a quick poll: “Who influences the success of a business besides the owner?” Connect responses to prior knowledge of profit and loss statements, then outline that today’s success criteria are to list the parties, describe their information needs, and use a simple model to assess a decision.

1. Do‑Now (5'): Students write on sticky notes three groups they think affect a business; share and cluster on board.
2. Mini‑lecture (10'): Define “interested parties,” present the full list and discuss why managers must consider each.
3. Guided practice (12'): Using the handout, groups match each party to its primary information needs and how managers provide it.
4. Model application (15'): Introduce the net‑benefit formula; groups calculate net benefit for the new‑product case study on the worksheet.
5. Check for understanding (5'): Whole‑class debrief of calculations; clarify misconceptions.
6. Extension activity (8'): Students propose one mitigation action for any negative impact identified.
7. Plenary (5'): Quick recap of key points; students write one takeaway on an exit ticket.

Summarise how identifying parties, gathering appropriate information, and applying the net‑benefit model supports balanced managerial decisions. Collect exit tickets as a retrieval check and assign homework: analyse a recent news story by listing the interested parties and estimating the net benefit.