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1-using the grapvine as a managerial tool.
To hear something through the grapevine is to learn of something informally and unofficially by means of gossip and rumor. In this case, managementuses these gossip to make a business decision, thus usint the grapevine as a managerial tool.
Please read case article, "Attention Kmart Shoppers? Into and out of Bankruptcy" and help me come up with a solution for the case as well as action steps to implement the solution! Thank you!! ATTENTION KMART SHOPPERS? Former Kmart CEO, Charles C. Conaway, failed in his 19-month effort to revive the iconic firm, resulting in the largest retailing bankruptcy filing in history on January 22, 2002 (Davies, et al., 2002). On March 11, 2002, bankrupt Kmart named James B. Adamson...