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Prepared by the Executive Steering Committee under the Leadership of James White, CFO
Executive Summary
ACME Inc. faces an important new challenge. Our privileged position as the premier name in high-quality musical instruments, the choice of the concert professional, is threatened by new technology. Electronic alternatives become more important every day. Our answer to this challenge is change and development. This 5-year business plan guides ACME Inc. and related electronic equipment, while slowly reducing our present dependence on acoustics. Our new plan is ambitious. We expect a dramatic increase in sales and profits, as shown in the chart Business Plan Highlights. The worldwide market for musical instruments is a very mature, very competitive market. Overall market growth is estimated between 6% and 8% pemarket;
instruments and equipment are sold to professionals who insist on the highestquality sound. Most of our customers are concert musicians.
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When Speer became Minister of Armaments and War Production in 1942, Wolters moved to his department, remaining his close associate
When Speer became Minister of Armaments and War Production in 1942, Wolters moved to his department, remaining his close associate. After Speer's indictment and imprisonment for war crimes
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