Provide a researched summary forK-mart including its history and current market situation. Define the success or failure of their business model and the potential for future sustainability. Support your thoughts using one or more of the described strategic thinking techniques, such as blue ocean, structured brainstorming, Abell's three-dimensional business definition model, strategic frontiers, four-action framework, and strategy canvas.

Using the same company, perform a brief external environmental analysis looking at the industry, the competition, the market, and the general environment to defend your strategic thinking choices and explain how the analysis will support future strategic planning and implementation, either as a growth opportunity or a termination of business.