Team+4

Ashlee, Aderiya, Abigail

= Exporting Plan = = US to Brazil = = ‍Product Description: TI-84 calculators = Description: The TI-84 is a 7.5" x 3.3" calculator that gives you the opportunity to graph equations, solve equatios Changes: Add software for teaching higher learning students. It includes a USB cable for downloading free apps and games. You can count on this calculator for exam purposes such as SAT, ACT, PSAT, college entrance exams, AP test and IB exam. You can input and view the math symbols and problems just like you can in the text book. It has a one year manufactured warranty. You are able to choose the way you want to view calculations on the screen as decimals or fractions. There is also a free download for MathPrint and you can choose different display modes.

Change: Update Catalog Help to version 1.1 for capability with TI-84 plus operating system update version 2.55MP = = = ‍Foreign Business Environment =

‍Cultural and Social Factors:
==== In Brazil, education is very low due to some areas that are still undeveloped, but they are most definitely improving. Children are required to attend school by the age of 6 and lasts 9 years and then in high school it’s only mandatory to go for 3 years, but they are trying to increase the number of years they are required to attend. Other words, our calculators will only be useful for the high schools, private schools and higher education, but only a few attend higher education. So, the importance of education can affect the sales of our graphing calculators immensely. ====

‍Geography:
The geography of Brazil is very diverse from the rocky terrains, low mountain zones, and number of rivers. The largest river is the Amazon River and other rivers such as the Parana, Iguacu, Negro, Xingu, Sao Francisco, Tapajos, and Sao Francisco Rivers. Brazil's climate is mainly tropical, but also contains other climates that contribute to it, but only a small percentage. Brazil's climate nor its geography will affect much of the use of the TI-84 calculators. Since, calculators are portable, small, handheld, and rely on batteries it won't be affected at all by the geography.

‍Economic Conditions:
In the 1980's -1990's Brazil's economy went through inflation that worsened the economy's growth. Then, in 1994 The Plano Real was introduced and it helped bring Brazil's economy to stabilize.  

‍Political or Legal Factors:
= = = ‍Market Potential =

‍Type of Customer:
Our potential customer would mostly be towards teens,young adults, and its possible to attract a person who has a profession of an accountant. Teens and young adults would be our main targets due to that they attend some time of public education that requires them to use numbers and graphs that you can instantly put in your calculator and get the answer. The TI-84 calculators are very advanced compared to any other typical calculator out there as of right now and can do the job right and give the correct answers which is something that students are looking forward to when it comes to their exams and other tasks.

‍Our Methods to Attract Potential Buyers:
Our methods of attracting potential buyers would be by having it promoted through television, internet and/or through having it advertised at the education facility. These methods of attracting potential buyers would work due to that these are places where most young teens and young adults are around during the day. If students tend to see the TI-84 calculator everywhere and other students using them and that the product itself is actually helpful and useful to their studies then the students/parents will notice that it actually works. We would also try to show the parents that getting this piece of equipment can be very helpful to their children work in school.

‍Estimated Sales:
There are 815,000 full time students and 265,000 part time students in undergraduate programs that means that in Canada there are approximately 1,080,000 students participating in higher learning education. That number is expected to increase anywhere from 9 to 18 percent by 2016. If Canada bought an Engage for every student at $695 it would be estimated that we would make $750,600,000. This is because there really is no competition for the Engage LCD Screen.

= ‍Export Transaction Details =

‍Taxes:
Anything that is imported into Brazil is taxed 20 percent through The Industrialized Products (IPI). The value of the goods plus the importing tax value for the basis of calculating the value of the IPI.

‍Shipping documentation:
In Brazil, shipping documentation is required just as any other country that is importing or exporting. Some of Brazil's regulations is to have a signed commercial invoice, bill of lading, packing list, and certificate of origin.The USDA has every right to check the package that is being imported to Brazil if one of the regulations are not properly placed. Signed commercial invoice shows where the product is being shipped and the total cost of the shipment. The packing list specifies the quantity and type of product being shipped it tends to be a very strict documentation. .

‍Time to Execute Plan:
It will take approximately 2 to 5 business days to export to Brazil. = = = ‍Citations =

Texas Instruments. (2011, Feburary 02). // Education technology //. Retrieved from http://education.ti.com

"FedEx International Shipping." // FedEx //. N.p., 02/06/2012. Web. 6 Feb 2012. .

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1.Brazil is democratic. 2.President Dilma Vana Rousseff 3.Yes there is more than one political party. Brazilian Democratic Movement Party, Progressive Party, Brazilian Social Democracy Party, & Workers Party Its currently a Workers Party power.

1.creating an economically independent and political aware middle class =//GDP: 2008 (10,400) [|GDP]//= =//2009 (10,200)//= =//2010 (10,800)//= = = = = =//Per capita income: 2008 (10,200) [|per capita]//= =//2009 (10,100)//= =//2010 (10,800)//= = = = = =//Balance of trade: [|Balance of Trade]//= =//2010 (324.0)//= =//2009 (704.2)//= =//2008 (-13.8)//= = = =//unemployment: 2010 (6.7) [|Unemployment]//= =//2009 (8.1)//= =//2008 (7.9)//=





1. It increased throughtout the past three years.

2. It can mean good or bad things depending on what the changes are. If unemployment rate is up than the changes mean bad things for the country.

3. All of these things come together to tell what condition this country is in economically.

4. You want to know the condition and stability of the environment in which you want to place your business to know if it will succeed.

1.Where is the bathroom? onde é obanheiro? 2.What time is it? Que horas são ? 3.Good morning bom dia 4.How much does it cost. quant ocusta?

media type="custom" key="10816836"

My Jeopardy Template




 * ITEM || US DOLLAR || BRAZILIAN(BRL) ||  ||
 * Candy Bar || $1 || 1.7741 ||  ||
 * Soda || $1.50 || 206611 ||  ||
 * Fries || $2 || 3.5481 ||  ||
 * Pizza || $10 || 17.77405 ||  ||
 * Video Game || $50 || 88.344 ||  ||
 * Cell Phone || $100 || 176.6888 ||  ||
 * Ipod || $200 || 353.376 ||  ||
 * Laptop || $1,500 || 2650.32 ||  ||
 * Taxi fare || $20 || 35.484 ||  ||
 * Plane ticket || $400 || 709.68 ||  ||
 * Automobile || $10,000 || 17742 ||  ||
 * Hotel room || $150 || 266.1075 ||  ||
 * Automobile || $55,000 || 97572.75 ||  ||
 * Condo || $150,000 || 25510.75 ||  ||
 * House || $250,000 || 44351.25 ||  ||
 * Movie || $10 || 17.7405 ||  ||
 * Theme Park || $20 || 35.481 ||  ||
 * Sporting Event || $60 || 106.443 ||  ||
 * Concert || $100 || 177.405 ||  ||


 * =====Organizing International Business Activities - Instructions=====

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‍‍‍Introduction===== Brazil is a very productive country that is looking forward in modernizing and changing for the better. Brazil is very high compared to any other southern country in Central America. Brazil did go through some recession like any other country, but it recovered rarely fast and was one of the first country to emerge out of it's recession. in 2010 Brazil's GDP is $2.172 trillion dollars and its exchange rate is $2.09 trillion dollars and its GDP per capita is$10,800. Brazil is divded into three sectors which is agriculture (5.8%), industry(26.8%), and services(67.4%). Brazil is a country that is expanding every chance that it has, and it's overcoming many

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‍**‍‍Economic Conditions- Aderiya Haynes **===== Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world market. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. However Brazil was one of the first emerging markets to begin a recovery. Brazil's strong growth and high interest rates make it an attractive destination for foreign investors. Large capital inflows over the past year have contributed to the rapid appreciation of its currency and led the government to raise taxes on some foreign investments. Brazil’s legal system is classified as a civil law code and its set out in national law of codes. It is different from common law system whose rules ordinarily formulated by the government, the system is basically codified. Their codes contain the basic legislation on the matters and are organized as Civil, Commercial Tax, and Criminal etc. None of the codes supersedes the Federal Constitution, which is the supreme law of Brazil. The Brazilian government frequently intervenes in the Brazilian economy and occasionally makes drastic changes in policy and regulations. The Brazilian government’s actions to control inflation and affect other policies and regulations have often involved, among other measures, increases in interest rates, changes in tax policies, price controls, currency devaluations, capital controls and limits on imports. Our business, financial condition, results of operations and the trading price of the preferred shares and the ADSs may be adversely affected by changes in policy or regulations at the federal, state or municipal level involving or affecting a factor such as interest rates. [] []

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‍**‍‍Imports, Exports, and Trade Relations- Aderiya Haynes **=====

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Major Imports in Brazil would be: Minerals, Petroleum, Chemicals, Fertilizers, Machinery, Vegetables, Animal Products, Cereals, Electrical Products, Electronics, Vehicles, Metals, Photographic Apparatus, Surgical Instruments, and Scientific Equipment. Major Exports would be: Processed Food, Cocoa Beans, Seeds, Juices, Fruit Products, Meat, Animal Products, Vegetables, Metals, Vehicles, Animal Feed, Textiles, Footwear, and Petroleum Products. Brazil exports with many countries such as: Argentina, Germany, Mexico, Japan, Italy, Russia, Chile, and Netherlands. Countries that provide imported goods to Brazil: Algeria, France Nigeria, South Korea, Italy, United States, Japan, China, and Germany. Brazil is the United States 10th largest good trading partner. United States goods exports to Brazil were $34.4 Billion and the United States goods imports from Brazil totaled $23.9 billion. The United States has a services trade surplus of $7.8 billion with Brazil in 2009. Brazil was the United States' 18th largest supplier of goods imports in 2010. United States foreign direct investment in Brazil was $56.7 billion in 2009 up 27.3% from 2008. Sales of services in Brazil by majority United States owned affiliates were $24.1 billion in 2008, while sales of services in the United States by majority Brazil-owned firms were $1.1 billion. United States direct investment in Brazil is led by the manufacturing and finance/ insurance sectors. =====

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‍‍‍**Currency: Values and Factors**===== The most major currency in Brazil is the Brazilian Real. Brazilian Real was produced in Brazil in 1994 and is used to help the Brazils inflation problem that is possessed at the time. There has been very little analysis of the political economy of currency policy, of how economic and political factors influence governments as they make exchange rate decisions - even though all agree about the fundamental interaction of economic and political conditions in this realm. Economic theory and empirical evidence have identified a number of factors known to affect movements in exchange rates. In isolation, these have a predictable effect on currency values. However, since many economic variables are closely interconnected, they rarely, if ever, act in isolation from one another. This makes anticipating or explaining movements in exchange rates notoriously difficult, a difficulty exacerbated by the fact that many factors known to affect currency values are evident only in hindsight. Furthermore, these factors are often themselves affected by movements in exchange rates. In other words, while the Canadian dollar moves in response to prevailing economic conditions, it influences those conditions as well. [] []

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‍‍‍Laws and Regulations=====

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Brazil as any other country requires formal documentation of importing/exporting, trade labels, certificates, & duties. Also, Brazil has two main taxes that they require which is the industrial products tax (IPI) & the taxes on distribution & sales (ICMS). Industrial products tax & ICMS may vary on the product type,also. Now, for tariffs Brazil imposts a charge of 14-20%, this is the Common External Tariff (CET), to all countries except for Argentina, Paraguay, & Uruguay. Like any other country, Brazil taxes on alcohol, cigarettes, and cosmetics are higher in the industrial product tax (IPI). Labels in Brazil need to be written in Portuguese & have sufficient information about the product that is being imported. As for licensing Brazil has a computerized system name Siscomex which allows importers to put in information and Siscomex decides whether to issue an automatic license or if additional information is needed because of the product. After that, Siscomex tracks all imports and exports informing its location in which it makes trade easier in Brazil. But, no automatic licenses are issued to products such as weapons, medical products, plants, animals, and etc. these products need to be checked by a Brazilian administration.=====

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‍‍‍Consumer Products/Services===== Brazil is primarily large on agriculture,mining, and manufacturing, but the most demanding is agriculture and manufactured goods due that a lot of foreign countries are depended on those goods.Brazil is greatly recognized for their production of slaughtering cattle, coffee, corn, rice, soybeans, wheat, and sugarcane. these are just some of the few main goods, but there's more agricultural businesses starting from bamboo products to plant and animal oil. Of course, Brazil is not just all based on agriculture it is also focused on industry and expanding, but it isn't widely as known as its natural resources. Of course though Brazil has gone a long way, it has modernized and improved its economy with the mixture of still being based on agriculture, but also trying to expand industrially through its services. Service sectors in Brazil are very important to the country because it attends to the peoples desires like any other country by commercial and private services. Some services may be marketing research, accounting and financial consulting, economic indicators, and industrial / commercial / tourism services. These types of services not just help Brazilians, but are also for the rest of the world which indeed become very important to the world as a whole. h[|ttp://www.vinniesworld.com/business/brazil_business.htm]

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‍‍‍Small Business Success===== Having a small business in Brazil can be very difficult. For the price of a small car, you can buy a restaurant business in São Paulo. You could make more money by teaching a different language. The biggest business agency in São Paulo In Río de Janeiro. It will be hard to get credit from the bank of Brazil to buy a business here, but most business owners will sign over the business for a down payment of 50%, and lets you pay the rest off from the takings. This informal form of credit makes it easier to buy businesses in Brazil, but of course when you sell the business, you also only get half the value back upfront, and run the risk that the new owner will mess the business up, go bankrupt and be unable to play off their debt to you. With a good accountant, you will avoid paying almost all your taxes, and get away with it. However, it is difficult and dangerous to not pay your employees benefits, which are high; they add up to around 120% of the value of their salaries. The number of unregistered workers has grown over the past years. They have employees’ benefits known as the I.N.S.S. which is a kind of social security scheme, and <span style="font-family: 'Verdana','sans-serif'; font-size: 13px;"> F.G.T.S <span style="font-family: 'Arial','sans-serif'; font-size: 13px;">, which stands for Guarantee Fund for Time of Service <span style="font-family: 'Verdana','sans-serif'; font-size: 13px;">. <span style="font-family: 'Arial','sans-serif'; font-size: 13px;">Registered workers also receive a 13th salary payments, in two installments, on the 7th and 20th of December, and have a right to 30 days paid holiday, with 40% extra holiday pay <span style="font-family: 'Verdana','sans-serif'; font-size: 13px;">. <span style="font-family: 'Arial','sans-serif'; font-size: 13px;">Each of the workers has a different minimum wage. <span style="font-family: 'Verdana','sans-serif'; font-size: 13px;">For example the minimum wage for a waitress is around 550 reals per month. <span style="font-family: 'Arial','sans-serif'; font-size: 13px;">They are required to pay 94% of employees’ transportation costs.

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‍‍‍Conclusion=====

//This section should include a detailed summary of the team's research. Based on your research, what type of business would be the most successful in your country? Why?//
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