Recall the locations of the apical and lateral meristems.
And also recall:
A cross section of a generalized, herbaceous dicot stem appears on the left:
Note that young, herbaceous stems may have stomates for gas exchange, though the leaf is the main site of gas exchange, with many more stomates than the stem.
Recall the progression of secondary growth in the two lateral meristems.
Annual plants lack secondary growth, and remain herbaceous throughout their short lives. Many perennials do not develop true wood, though they may become somewhat "woody" as their older tissues lignify and become more structurally supported with cellulose, resins, and other substances.
Still others may undergo extensive tissue growth via the vascular cambium. Only these plants produce what is known as true, botanical WOOD.
Shown diagramatically, the tissue layers are arranged like so:
The wood of many species may contain species-specific aromatic compounds. Consider:
Note the absence of concentric rings of vascular tissue. Instead, xylem and phloem are both distributed throughout the pith of the stem in discrete vascular bundles.
The bundle on the left--that of a typical dicot--shows that the basic structures inside a primary vascular bundle are similar in these two groups. The most important difference is their arrangement in the stem ground tissue.
In dicots, the bundles form a ring around the central pith. In monocots, the bundles are scattered randomly throughout the ground tissue (sometimes called pith).
Monocots (with the exception of the most primitive species, the Joshua Tree (Yucca brevifolia Engelm. var. brevifolia; Family Liliaceae) ) lack a vascular cambium or cork cambium. Therefore, these monocots do not produce true, botanical wood (concentric rings of xylem), although they may be very "woody" in some cases (e.g., palms, large bamboos).
In some species, gas exchange pores called lenticels. These are "spongy" regions found on the bark of stems (and sometimes aerial roots) of woody vascular plants. These areas, which form around what used to be groups of stomates, allow gas exchange between internal tissues and atmosphere across the periderm, which is otherwise impermeable to gases.
The cork cells of the lenticel, unlike those forming the rest of the cork, have minute air spaces between them that allow oxygen and other gases to enter and leave the plant tissues.
You've probably seen lenticels, but didn't realize you were seeing them.
Even a few fruits have lenticels; these are often accessory fruits (i.e., fruits developed from more than just an ovulary). In the case of the apple or pear, the skin is what used to be the flower receptacle: a modified stem.