Please answer the following questions using the Case: Nike Inc. You may use the enclosed strategy templates or create your own templates. Analyze the external environment Nike faces by applying the PESTEL analysis framework. In your analysis, which one$/$s among the six PESTEL factors is$/$are likely to have strong influence on Nike? Analyze the industry environment Nike competes in by applying the Porter Five Forces analysis framework. In your analysis, which one$/$s among the Porter's five forces is$/$are likely to have strong influence on Nike? Apply the VRIO analysis framework to establish Nike's critical resources, capabilities, and$/$or core competencies? Are they all likely to provide a sustainable competitive advantage $($i$.$e$.,$ meets all four VRIO criteria$)?$ Why, or why not? Based on your conclusions from the above three internal $($PESTEL$,$ Porter Five Forces$)$ and external $($VRIO$)$ analyses, you are now required to identify some of the top challenges in each of Nike$$s internal $($Strengths$,$ Weaknesses$)$ and external $($Opportunities$/$Threats$)$ environments and conduct a SWOT analysis $($i$.$e$.,$ S$-$O$,$ S$-$T$,$ W$-$O$,$ and W$-$T strategies$).$