Posted: August 30th, 2022

1. Are strategic management and strategic planning synonymous terms? Explain in

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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.
1. Define the role of the entrepreneur in business in the United States and around the world.
2. Explain the forces that are driving the growth of entrepreneurship.
3. Explain the cultural diversity of entrepreneurship.
4. Describe the important role that small business play in US economy.

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