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Scenario Wanda has never thought of herself as running a business, although it certainly seems to have turned out that way. Originally she really just wanted to give her friends and family an alternative to cheap, low-nutrition dog treats. When you explain to Wanda that she has created a business with stakeholders and all of the internal workings and structure of a business, she just stares at you blankly. So, you tell her to just hang on and you will explain this in more detail. Your Task Using a visual or graphical representation, show Wanda what her business looks like from the inside and the outside. Include forces in the external environment and internal functional areas, as well as both internal and external stakeholders. In other words, what components of a business have come together with Wanda's work? Like any graphical representation, there needs to be an explanation of what the graphic represents! Along with the graphic that you create, provide Wanda with a written description of the following: • The components of her external environment • Internal functional areas and their purpose ol ctolkobolders in Wanda's business

Scenario Wanda has never thought of herself as running a business, although it certainly seems to have turned out that way. Originally she really just wanted to give her friends and family an alternative to cheap, low-nutrition dog treats. When you explain to Wanda that she has created a business with stakeholders and all of the internal workings and structure of a business, she just stares at you blankly. So, you tell her to just hang on and you will explain this in more detail. Your Task Using a visual or graphical representation, show Wanda what her business looks like from the inside and the outside. Include forces in the external environment and internal functional areas, as well as both internal and external stakeholders. In other words, what components of a business have come together with Wanda's work? Like any graphical representation, there needs to be an explanation of what the graphic represents! Along with the graphic that you create, provide Wanda with a written description of the following: • The components of her external environment • Internal functional areas and their purpose ol ctolkobolders in Wanda's business

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Scenario Wanda has never thought of herself as running a business, although it certainly seems to have turned out that way. Originally she really just wanted to give her friends and family an alternative to cheap, low-nutrition dog treats. When you explain to Wanda that she has created a business with stakeholders and all of the internal workings and structure of a business, she just stares at you blankly. So, you tell her to just hang on and you will explain this in more detail. Your Task Using a visual or graphical representation, show Wanda what her business looks like from the inside and the outside. Include forces in the external environment and internal functional areas, as well as both internal and external stakeholders. In other words, what components of a business have come together with Wanda's work? Like any graphical representation, there needs to be an explanation of what the graphic represents! Along with the graphic that you create, provide Wanda with a written description of the following: • The components of her external environment • Internal functional areas and their purpose • Internal and external stakeholders in Wanda's business
Transcribed Image Text:Scenario Wanda has never thought of herself as running a business, although it certainly seems to have turned out that way. Originally she really just wanted to give her friends and family an alternative to cheap, low-nutrition dog treats. When you explain to Wanda that she has created a business with stakeholders and all of the internal workings and structure of a business, she just stares at you blankly. So, you tell her to just hang on and you will explain this in more detail. Your Task Using a visual or graphical representation, show Wanda what her business looks like from the inside and the outside. Include forces in the external environment and internal functional areas, as well as both internal and external stakeholders. In other words, what components of a business have come together with Wanda's work? Like any graphical representation, there needs to be an explanation of what the graphic represents! Along with the graphic that you create, provide Wanda with a written description of the following: • The components of her external environment • Internal functional areas and their purpose • Internal and external stakeholders in Wanda's business
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