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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 how she really has created a business with stakeholders and all of the internal workings and structure of a business, she just stares at you with a blank look. So, you tell her to just hang on and you will explain this in more detail.

1. Explain the forces in the external environment that impact Wanda's business

2. Explain the internal functional areas of Wanda's business, as well as their purpose

3. Discuss the internal and external stakeholders in Wanda’s business

When you are writing these descriptions, be certain to explain in detail how each of these elements relates to the business and to each other so Wanda can get a better understanding  of her business and the people (stakeholders) it impacts.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92429576

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