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6. Task: Develop and write a budget plan document that contains... Executive summary - 2 pages max Provides a qualitative rationalization for the baseline growth
6. Task: Develop and write a budget plan document that contains... Executive summary - 2 pages max Provides a qualitative rationalization for the baseline growth model results. 0 Economy 0 Competitive Marketplace 0 Products 0 Strategy . Develop a plan on how to achieve the three revenue growth scenarios (Base+5%, Base+10%, and Base+15% growth) for Big Retail. 0 What product growth rates would be required to meet the overall growth rate scenarios? What key products would have to grow? How many units would you have to sell? o What would have to happen in terms of the macro environment (economy) and BSC's competitive marketplace? What are the potential barriers to success (ex., market changes)? What are the risks and challenges? How much $ is at risk for each risk item. o What is a rational maximum rate of growth for the year 1 budget? What new products would you suggest for BSC to help it achieve its sales growth scenario targets? Provide a background and description for each product you suggest. What are the general growth requirements for these new products? How many units would you have to sell? How do the expected growth rates of these new products and existing products justify the growth rates for each scenario? What will BSC need to do in order to sell the new and existing products, what are the challenges, and what are the risks and challenges? What are the potential impacts of the risks and challenges? What is rational maximum growth rate for 1 year of budget
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