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The difference between strategic management and strategic planning. Both strategic management and strategic planning terms mean the same! The difference is that the latter one is more used in the business world while the former is used in the academic environment.
Risk management, on the other hand, focuses on the effects of uncertainty as well as the probability and consequences of potentially adverse events from a company-wide point of view. Despite their differences, however, risk management and quality management share common ground in a few areas.