Reference no: EM132411862

Question: You work for an international restaurant company, and the CEO of the company wants to introduce a new chain of fast food stores in the US market for 2021. Your team is charged with the following tasks:

1. Develop a new retail chain concept that can be brought to market by 2021. The food products should have broad appeal for the US market (i.e., nothing illegal or distasteful).

2. Present a five-year marketing plan to upper management that includes a description of the products and the retail outlets, a summary of the existing competition, and recommended promotion strategies that can help to sustain sales volume and profits for several years.

3. The CEO is especially concerned about the risks of a recession in the next 2-3 years, so your plan should consider ways to make the new chain less susceptible to recession.

How to format your business proposal

• Title page

• Table of contents

• Executive summary

• Proposal - Statement of problem, issue, or job at hand etc

• Approach and methodology

• Qualifications

• Schedule and benchmarks

• Cost, payment, and any legal matters

• Benefits

• Conclusion

Note: Your Proposal should include product description, competition summary, marketing and promotional strategies, and recession resilience.