This report provides a comprehensive analysis of business management, starting with an overview of management principles and Mintzberg's theory, which emphasizes learning through experience and categorizing management roles into interpersonal, informational, and decisional. It examines the role of critical thinking in enhancing managerial effectiveness and how managers address stakeholder interests. The report also applies PESTLE analysis to Tesco, focusing on political, economic, social, technological, legal, and environmental factors, and assesses their implications. Porter’s Five Forces model is used to evaluate competitive intensity, including the bargaining power of suppliers and customers, the threat of substitutes and new entrants, and industry rivalry. Finally, the report touches on the importance of Corporate Social Responsibility (CSR) and its relationship with national income, highlighting the ethical and sustainable practices businesses should adopt. Desklib offers a variety of resources, including past papers and solved assignments, to support students in their academic pursuits.