1. Strategic management is a process that requires the ability to manage change. Consequently, executives must be careful to monitor and to interpret the events in their environment, to take appropriate actions when change is needed, and to monitor their performance to ensure that their firms are able to survive and, it is hoped, thrive over time. Please identify which of the steps below are part of the strategic management process.

	A.	analysis of the current state
	B.	defining future state
	C.	determination of objectives and strategies
	D.	implementation and evaluation
	E.	all of the above.

2. The most effective goals are those that are SMART (specific, measurable, attainable , realistic, and time-bound). SMART goals help provide clarity, transparency, and accountability. Please provide an example of a SMART goal realtive to a business objective you would like to see accomplished.

3. Discuss the different perspectives and concerns of the Balanced Scorecard.

4. Describe attributes of businesses that contribute to their attaining a competitive advantage?

5. Describe what is meant by competitive intelligence and why firms engage in it.

Please help to solve 1, 2, 3, 4, 5. Thank you.