Instructions: Answer the questions below, Please ensure that your responses are clear, concise and well-constructed - no rambling, please! I advise completing a quick outline of your response before beginning to write There are three exam questions of increasing value. As you will see, Questions 1 and 2 are worth 15 points and Questions 3 has three parts and is worth 45 points. Allocate your time accordingly. You have 1.5 bours to submit your exam on the Exam 1 link in the Weck 4 module in Canvas. 1. What is the fundamental purpose of strategic planning? What are the three major phases of the strategic planning process, and what is the purpose of each? (15 pts) 2. What are the three primary components of the external environment? Name and describe at least one tool that ean be used to evaluate each component. (15 pts) 3. Here you will apply the tools for analyzing the external environment, using the ease to which you have been assigned for the first two questions. Use the Exam 1 PPT Deck in Module 4 to complete this part of the exam. (45 pts) - Consider the industry in which your firm operates. Identify two macro-environmental trends that represent either an opportunity or threat for industry players. Identify the specific component you are referencing, the trend, and the strategic implications for players in the industry, Complete your work on the Exam I PPT Deck in Module 4. (15 pts) For example, if we were analyzing the Movie Exhibition industry, one response might be: Component of the Macro-Environment: Technology Trend: Availability of streaming services sach as Hulu, Netflix, Apple TV+ 2. What are the three primary components of the external environment? Name and describe at least one tool that can be used to evaluate each component. (15 pts) 3. Here yoe will apply the tools for analyzing the external environment, using the case to which you have been assigned for the first two questions. Use the Exam I PPT Deck in Module 4 to complete this part of the cxam. (45 pts) - Consider the industry in which your firm operates. Identify two macro-environmental trends that represent either an opportunity or threat for industry players. Identify the specific component you are referencing, the trend, and the strategie implications for players in the industry. Complete your work on the Exam I PPT Deck in Module 4, (15 pts) For example, if we were analyzing the Movie Exhibition industry, one response might be: Cormponent of the Macro-Eaviroament: Technology Trend: Availability of streaming services such as Hulu, Netilix, Apple TV+ Strategic Implications: This trend represents a THREAT for the movie exhibition industry in that they provide substitute products that are more convenient and affordable for consumers. - Conduct a Porter's Five Forces analysis using the industry in which your company operates, Use the Exam 1 PPT Deck that is available in Module 4. I have provided a formatting example using the Grocery Industry. Please use this same format for your analysis and complete the slide provided. (15 pts) - Using the Exam 1 PPT Deck, please complete a Strategic Group Mapping exercise, You will NOT be evaluating the industry of your firm, but rather snack foods. It should be self-explanatory, (15 pts)