This report provides a comprehensive analysis of Tesco's business strategy, focusing on contemporary strategic management issues and their implications. It evaluates the merits and drawbacks of various strategic models, such as PEST analysis and Porter's Five Forces, and their applications to Tesco. The report also examines the roles and powers of different stakeholder groups involved in contemporary organizations and the change process. Furthermore, it debates the issues surrounding Tesco's ability to remain competitive in light of topical and relevant strategic management issues. The analysis includes an assessment of internal strengths and weaknesses, as well as external opportunities and threats, to provide a holistic view of Tesco's strategic positioning. For more detailed information and related study materials, students can find past papers and solved assignments on Desklib.