Are strategic management and strategic planning synonymous terms? Explain

CHAPTER 1 1. Are strategic management and strategic planning synonymous terms? Explain in detail with examples. 2. Explain in detail each stage of the strategic management process. Use examples to show additional understanding. 3. List three internal strengths and three internal weaknesses that characterizes SSU. Explain in detail, give examples and discuss how the strengths could be utilized to increase competitive advantage and how to fix the weaknesses. CHAPTER 3 1.According to Michael Porter, what are the forces that together define the nature of competitiveness in a given industry. Discuss the one force that is usually the most powerful and detail another force of your choice. Use examples for all questions. 2. Explain in detail what is an external audit and all related properties of a thorough external audit. 3. Define Competitive Intelligence (CI) and explain the three ways that CI can be gathered.