Part $1(40$pts$)$:

a$.$ What is the difference between planning, strategy, and strategic management?

b$.$ Outline and briefly describe each step of the planning process $($in order$).$

Part $2(40$pts$)$: Explain the difference between strategic planning, tactical planning, and operational planning. For each one, provide a specific example.

Part $3(20$ pts$)$: Read the Legal$/$Ethical challenge. Discuss how you would solve this and why.