External Environment Analysis session long project 2 strategice Essay

External Environment Analysis session long project 2 strategice management 599 - Essay ExampleThe link below is an example of the clothing industryMichael ostiary has devised a framework which provides a better understanding of the industry and how companies sight be affected by forces at bottom the markets. The five forces that he has described are a) Threat of new entrants, b) Determinant of buying power, c) Threat of substitutes, d) Determinants of provider power, and e) Rivalry among the firms. This allows a focused and better analysis of the external factors of the industry.a) Themanager.org This website provides a clear explanation of the Porters Five Force model and gives a deep and clear understanding of each and any point of the analysis. This can be retrieved from the following website http//www.themanager.org/Models/p5f.htm. This site is more detailed and helps understand the topic in a deeper manner.b) Marketing Teacher.com This website provides students with all the concepts of marketing and helps strain students to a great extent as it allows a artless explanation of all the topics making it simpler for all students. This can be accessed from the following link http//www.marketingteacher.com/Lessons/lesson_fivefoces.htm. This website is precise simple and to the point form of explanation of the topic.This analysis is to provide for a better understanding of the study external elements that affect the performance of a company. This highlights the major elements like the political, economical, social and also the technological factors that can cause any affect to the companys performance.a) NetMBA.com Similar to the marketing teacher website, this website also provides business students with a chance to learn the concepts in a simple and straight forward manner. The language is simple and the explanation is very helpful to deepen the knowledge of the topic. The website can be retrieved from http//www.netmba.com/strategy/pest/.b) QuickMBA The encourage reference that can be