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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
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