Kmart - Forced Towards Bankruptcy?
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(Case Code: BECG021) click on the button below, and select the case from the list of available cases:
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details:
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Price: |
| Case Code |
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BECG021 |
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges
ThemesEthics in Business |
| Case Length |
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14 Pages |
| Period |
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1899 - 2001 |
| Pub. Date |
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2002 |
| Teaching Note |
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Not Available |
| Organization |
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Kmart |
| Industry |
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Retail |
| Countries |
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USA |
Abstract:
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The case explores the events that led Kmart, a US-based retailing company that was an integral part of the country's corporate history, to bankruptcy in 2002. The case explains how the company, which was struggling with various problems on the operational front, was pushed into bankruptcy by the various unethical and illegal practices resorted to by its executives including former Chairman Conaway and former President Schwartz. The case also takes a brief look at Kmart's reorganization plans and its efforts to emerge from bankruptcy during 2002-03. Finally, the case discusses Kmart's future prospects in the light of its changed strategic game plan and the various problems that still persist.
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Issues:
» Conflict between economic performance and social/ethical obligations for a company
Contents:
Keywords:
Kmart, US-based, retailing company, integral, corporate history, bankruptcy, 2002, operational, unethical, illegal practices, Chairman, Conaway, President Schwartz, reorganization, 2002-03, future prospects, strategic game plan
Kmart - Forced Towards Bankruptcy
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