{"id":982,"date":"2015-05-09T19:38:24","date_gmt":"2015-05-09T19:38:24","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterybusiness1xngcxmaster\/?post_type=chapter&#038;p=982"},"modified":"2015-07-10T22:56:00","modified_gmt":"2015-07-10T22:56:00","slug":"why-it-matters","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/chapter\/why-it-matters\/","title":{"raw":"Why It Matters: Role of Business","rendered":"Why It Matters: Role of Business"},"content":{"raw":"<h2>Why discuss the role of business in society, the primary functions within a business, and external forces that affect business activities?<\/h2>\r\n<a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images-archive-read-only\/wp-content\/uploads\/sites\/1120\/2015\/05\/02031744\/matterhorn-968_1280.jpg\"><img class=\"alignright wp-image-1466\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images-archive-read-only\/wp-content\/uploads\/sites\/1120\/2015\/05\/02031744\/matterhorn-968_1280.jpg\" alt=\"Man hiking the Matterhorn wearing appropriate winter gear.\" width=\"250\" height=\"187\" \/><\/a>Are you up for a challenge as you start this course?\r\n\r\nAs you embark on your study of business, you may be thinking that you aren\u2019t really going \u201cinto business,\u201d so much of what you will learn\u00a0about isn\u2019t applicable to your career or your future. Here is a challenge that may change your mind.\r\n\r\nStop what you are doing and take a minute to look around you. What do you see? Perhaps you see your living room where you are sitting at your desk doing your homework. You might be at a local coffee shop, hanging out with some friends who are going to help you study. In fact, you might even be sitting on the beach, reading this on your tablet or phone while you listen to the sounds of the ocean and children playing in the sand.\r\n\r\nNow, look around again but this time consider everything within your view and ask yourself what do all of these things have in common? If you said that they are <em>all<\/em>\u00a0the product of business then you are correct! How can that be, you ask? Business is everywhere, in everything we touch, we eat, we see, we smell and we feel. Oh, not always directly but in one way or another business is there. It is like the air that we breathe\u2014sometimes invisible, but always present.\r\n\r\nThe next part of the challenge is this: As you work through this first outcome, keep trying to think of something, anything that you can say with certainty has\u00a0<em>no<\/em>\u00a0relationship to business. We will check back at the end of this outcome and see what you came up with!\r\n<h3>Learning Outcomes<\/h3>\r\n<ul>\r\n\t<li>Define the concept of business<\/li>\r\n\t<li>Distinguish between for-profit and non-profit organizations<\/li>\r\n\t<li>List the four factors of production required to sustain a business<\/li>\r\n\t<li>Identify the primary functional areas within a business and describe their contribution to the organization.<\/li>\r\n\t<li>Identify business stakeholders and describe their relationship with business organizations<\/li>\r\n\t<li>Identify the external forces that shape the business environment<\/li>\r\n<\/ul>","rendered":"<h2>Why discuss the role of business in society, the primary functions within a business, and external forces that affect business activities?<\/h2>\n<p><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images-archive-read-only\/wp-content\/uploads\/sites\/1120\/2015\/05\/02031744\/matterhorn-968_1280.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-1466\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images-archive-read-only\/wp-content\/uploads\/sites\/1120\/2015\/05\/02031744\/matterhorn-968_1280.jpg\" alt=\"Man hiking the Matterhorn wearing appropriate winter gear.\" width=\"250\" height=\"187\" \/><\/a>Are you up for a challenge as you start this course?<\/p>\n<p>As you embark on your study of business, you may be thinking that you aren\u2019t really going \u201cinto business,\u201d so much of what you will learn\u00a0about isn\u2019t applicable to your career or your future. Here is a challenge that may change your mind.<\/p>\n<p>Stop what you are doing and take a minute to look around you. What do you see? Perhaps you see your living room where you are sitting at your desk doing your homework. You might be at a local coffee shop, hanging out with some friends who are going to help you study. In fact, you might even be sitting on the beach, reading this on your tablet or phone while you listen to the sounds of the ocean and children playing in the sand.<\/p>\n<p>Now, look around again but this time consider everything within your view and ask yourself what do all of these things have in common? If you said that they are <em>all<\/em>\u00a0the product of business then you are correct! How can that be, you ask? Business is everywhere, in everything we touch, we eat, we see, we smell and we feel. Oh, not always directly but in one way or another business is there. It is like the air that we breathe\u2014sometimes invisible, but always present.<\/p>\n<p>The next part of the challenge is this: As you work through this first outcome, keep trying to think of something, anything that you can say with certainty has\u00a0<em>no<\/em>\u00a0relationship to business. We will check back at the end of this outcome and see what you came up with!<\/p>\n<h3>Learning Outcomes<\/h3>\n<ul>\n<li>Define the concept of business<\/li>\n<li>Distinguish between for-profit and non-profit organizations<\/li>\n<li>List the four factors of production required to sustain a business<\/li>\n<li>Identify the primary functional areas within a business and describe their contribution to the organization.<\/li>\n<li>Identify business stakeholders and describe their relationship with business organizations<\/li>\n<li>Identify the external forces that shape the business environment<\/li>\n<\/ul>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-982\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Why It Matters: Role of Business. <strong>Authored by<\/strong>: Linda Williams and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>Matterhorn. <strong>Authored by<\/strong>: Simon. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"http:\/\/pixabay.com\/en\/matterhorn-h%C3%B6rnligrat-cold-climb-968\/\">http:\/\/pixabay.com\/en\/matterhorn-h%C3%B6rnligrat-cold-climb-968\/<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/about\/cc0\">CC0: No Rights Reserved<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":128,"menu_order":1,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Why It Matters: Role of Business\",\"author\":\"Linda Williams and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc\",\"description\":\"Matterhorn\",\"author\":\"Simon\",\"organization\":\"\",\"url\":\"http:\/\/pixabay.com\/en\/matterhorn-h%C3%B6rnligrat-cold-climb-968\/\",\"project\":\"\",\"license\":\"cc0\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"b7b957ad-b7ce-4716-91e2-7cf3dd9d37a7","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-982","chapter","type-chapter","status-publish","hentry"],"part":79,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/chapters\/982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/users\/128"}],"version-history":[{"count":10,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/chapters\/982\/revisions"}],"predecessor-version":[{"id":4485,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/chapters\/982\/revisions\/4485"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts\/79"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/chapters\/982\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/media?parent=982"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/chapter-type?post=982"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/contributor?post=982"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/license?post=982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}