Team+7

Ahmed, Vivian, Gina

= **Exporting Plan** =

** Product description: RosettaStone **

RosettaStone is a brand new language program from which people can learn different languages. So far, RosettaStone provides 30 languages that you can choose. It is easy to get started, easy to use and it has a 6 months money back guarantee. People can download it from the internet. It also provides online lessons that give better information. Now learning a new language is not so boring anymore. People can join different situational games and online community to share their experiences with other learners. RosettaStone is really convenient. Learners can use it on their mobile phone to learn language everywhere as well.

Before we export RosettaStone to Germany, we have to change the program language setting to German for easy application.

** Foreign business Environment **

** Culture and social factors: **

The official language of Germany is Germany; over 95% of the people use it as their first language. Other popularly spoken languages are Sorbian, North Frisian, Danish, Romani, Kurdish and Turkish. Most of Germany businessman can speak fluently English, but US is not their only target. Nowadays, German exporters look more to the Asian market, which give us a great opportunity to sell our product.

** Geography: **

Germany located at central Europe, bordering the Baltic Sea and North Sea, between the Netherlands and Poland, south of Denmark. Because of Germany is at the entrance of the Baltic Sea, we can ship our product across North Atlantic Ocean to Germany. We also can use aircraft for transport.

** Economic condition: **

Germany companies, instead of concentrating their investment and business overwhelmingly on countries. They are now putting s growing proportion of those places like Russia and Brazil, specially keep on china. Therefore, learning these business languages is really necessary. Asian is a big market for Germany’s exporting.

** Political or Legal Factor: **

German public export credit guarantees (Hermes guarantees) mitigate this friction to trade flows and hence promote exports. Political risk represents an important hidden transaction cost that reduces international trade. But Germany has this called Public export credit guarantee

**Market Potential**
**‍Type of Customer**: The type of customers that we plan to sell our product to big companies in Germany, our attention will be focused in big companies that need this product to increase their business with an English speaking country.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">**‍Our Methods to Attract Potential Buyers**: <span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">Since we are selling our products to big companies so our method of selling our products will be sending our representatives to Germany so they can show them the program and convince them to buy it, and we will create a website in both languages so people can go and look at the product.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">**‍Estimated Sales**: <span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">The are at least 60 international companies in Germany that have a lot of American and German employees that n are in need of our product so that can communicate and understand each other, since our product cost about 400 a piece and each company needs at least 50, it would be estimated that we will make about $1,200,000.

<span style="font-family: Arial,Helvetica,sans-serif;">** Export Transaction Details **

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">**‍Taxes**: <span style="font-family: Arial,Helvetica,sans-serif;"> All of the products imported to Germany are subject to import turnover tax of 19% plus a custom duty depending on the product, The Import Turnover Tax is designed to place the same tax burden on imported goods as goods produced domestically, Germany custom collect both of them, the import turnover tax and the custom duty.

<span style="font-family: Arial,Helvetica,sans-serif;"> The Integrated Tariff of the Community or TARIC, require documents when products are being imported to Germany (custom duty of the EU). Imported goods must be accompanied with custom declaration, which contains place and date of issue, number and kind of packages, payment, quantity, terms of delivery, and the invoice price.
 * <span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">‍Shipping documentation: **

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">It will take 4-6 business days for our product to get to Germany from the united states.
 * <span style="font-family: Arial,Helvetica,sans-serif; font-size: 16px;">‍Time to Execute Plan: **

**Introduction**
‍‍Introduction//This section should include a 250-300 word introduction, which includes a detailed definition of "International Business Activity" and includes information regarding historical, statistical, and other vital information on your country. Utilize the CIA Factbook to help you. Be detailed and specific in your explanations - a minimum of 250-300 words with links, graphics, and annotations.//

Economic Conditions-- ViVian Gu
<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">The Germany economy continued shrinkig in the fourth quarter of [|2011]. The GDP had really strong growth which is 1.3% in this time. The Economic conditions include overall Output, Foreign trade, employment and labor market, Import, export producer prices, Demand for industrial goods and construction work. However, German business law is governed by the principle of the freedom of economy, meaning that business activities don’t generally require a specific permit or license. Also, German law makes no distinction between Germans and foreign nationals trading or any other kinds of companies. So this kind legal system is really help German’s economic growing. On the other hand, German has their own legal office to help themselves out. Such as Hengeler Mueller --a partnership of lawyers with offices in Berlin. They specializes in offering high-end legal advice to companies in complex business transactions.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;"> Also as Europe’s [|largest economy] and second most populous nation, Germany is a key member of the continent’s economic, political, and defense organizations. So far the economic conditions in Germany are effecting by the global economy and generally upbeat [|EU] business sentiment, Which is not good at all.

<span style="color: #333031; font-family: Arial,sans-serif; font-size: 14pt;"> <span style="color: #333031; font-family: Arial,sans-serif; font-size: 14pt;"> [] [] [] []

Imports, Exports, and Trade Relations --Ahmed M
. <span style="color: black; font-family: 'Cambria','serif'; font-size: 16px;">Germany, the fifth largest economy in the world and the largest economy in the Euro zone, depends heavily on its experts to drive the economy.[|Germany Economy] With a strong network of trade relationship with almost all the major trading countries in Europe and all over the world. <span style="color: black; font-family: 'Cambria','serif'; font-size: 16px;">One of the strongest demands for German's commodities is automobiles[|Automotive Industry]. In 2009, Germany produced 5.2 million vehicles, and was the world's forth largest producer and largest exporter of automobiles. Germany automobile companies also dominate 90 percent of the top tier automobile market, which boasted brands such as Mercedes-Benz and Porsche [|Porsche]. <span style="color: black; font-family: 'Cambria','serif'; font-size: 16px;">As one of the main members of the EU, Germany also strengthened economic and political ties with other countries. It is a strong supporter of the United Nations and OSCE [|OSCE] (Organization for Security and Cooperation in Europe). They key imports in Germany include raw materials, fuel (oil and gas) and foodstuffs. To some extent Germany also imports vehicles - but mainly of a lower grade than those exported. <span style="color: black; font-family: 'Cambria','serif'; font-size: 16px;">Germany have primary imports partners like Netherlands (8.5 percent of total imports), China (8.2 percent), France (8.2 percent), US (5.9 percent), Italy (5.9 percent), UK (4.9 percent), Belgium (4.3 percent), Austria (4.3 percent), Switzerland (4.2 percent). Also the value of Germany’s exports is much higher than that of its imports so this means that Germany produce and sells more than they buy from other countries.

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Currency: Values and Factors --Ahmed M
Germany is one of the most developed countries of the world. The success of the country's economy can be attributed not only to the policies of the government but also to its currency [|currency]. Germany [|Germany] is one of the most developed countries of the world. The success of the country's economy can be attributed not only to the policies of the government but also to its currency. Germany is one of the most developed countries of the world.[|Germany role in the word] The success of the country's economy can be attributed not only to the policies of the government but also to its currency. The currency of Germany is known as Deutsch Mark. It is one of the strongest currencies in the whole world. The Deutsche Mark[|Deutsche Mark], which means German Money, was the official currency of West Germany prior to its unification with East Germany. After 1991, it became the currency of unified Germany. The Germany currency is divided into 100 pfennig. Even if exchange rates are affected by numbers of factors, in the end, currency costs are a result of supply and require forces. The worlds currency markets can be considered as a massive melting pot: in a big and changing mix of current events, supply and demand ingredients are constantly switching, and the cost of one currency in relation to a second shifts accordingly. No additional marketplace comprehends as much of what is proceeding in the community at any given time as foreign currency exchange. Supply and demand for any given currency, and thus its value, are not influenced by any single element, but rather by several. These elements generally fall into three categories: economic ingredients, political conditions and marketplace psychology.

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Laws and Regulations --Gina B
A Unique law that Germany has is [|Article 7] “the person entitled to bring up a child have the right to decide whether they shall receive religious instruction.” This very affective towards businesses because a international business man have the option to do business with the kind of person that chooses not to receive religious instruction or with a person that chose to accept religious instruction. However, Germany has many standard laws just like the US like human laws. For example: we have a amendment that states that every person should be treated equally no matter their age, race, or religion. Germany has the same exact amendment but it is just written differently because of the two cultural differences. Germany also has laws on their national security, and delimitation of states boundaries. Instead of their constitution consisting of a Bill of Rights forms (amendments) and the then Articles like the United States. Germany has chapters like a book with the numbered articles inside. In the business world, Germany states that a startup project should register with two sets of taxes like commercial tax and local tax. Like many other country Germany has regulations on trade businesses. They have different regulations on how to conduct [|trade agreements] with different countries, how to [|label and market]the products that they are trying to sell in that business. Germany also has a special way of what needs to be included in a [|commercial invoice]. Germany is very strict in the way that they conduct their country from the people to the way they trade with different countries. [] [] []

Consumer Products/Services-- ViVian Gu
<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">Germany is the world's largest exporter. Germany's major export products include textiles, foodstuffs, vehicles, machinery, chemicals and metals. Such as Knitting Machinery,Elevators,Fans,Wheat,Mushrooms,Auto Production Line Equipment. Because of the geography factor, German has good condition to produce wheat or mushroom. It has low plain in the north; high plains, hills, and basins in the center and east; mountainous alpine region in the south. And the temperature is cold. <span style="color: black; font-family: Arial,Helvetica,sans-serif; font-size: 110%;">Germany is rich country in terms of Tradition. The native people and immigrants possess different kind of life-style, personality and attitude. They follow altogether different values believes and religion. Some of their traditions are given here. Also because of these different culture mixed together, German has all kind needs of products. <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">The services that German provide such as the central banking system, the private banking sector, Public and cooperative institu//tions.// <span style="color: black; font-family: arial,helvetica,sans-serif; font-size: 110%;">These German industries have contributed a lot to the development of the country. Germany is a member of the G-7 group and is one of the richest countries in the world. The most important and prominent industrial region in Germany is that of Ruhr. Majority of the iron and steel industries of the country are concentrated in Ruhr.



<span style="color: black; font-family: arial,helvetica,sans-serif; font-size: 110%;">[] <span style="color: black; font-family: arial,helvetica,sans-serif; font-size: 110%;">[] <span style="color: black; font-family: arial,helvetica,sans-serif; font-size: 110%;">[] <span style="color: black; font-family: arial,helvetica,sans-serif; font-size: 110%;">[]

Small Business Success-- Gina B
Small businesses are very important in Germany because there are many family businesses in Germany like small cafe shops, furniture stores, and boutinques. Many companies have faced the common known factors of why their [|business failed] which is: lack of business skills, insufficient capital (money), poor location, poor inventory management, over-investment in fixed assets, poor credit arrangements, personal use of business funds,unexpected growth,competition, and low sales. [|However,], Many small businesses [|over come] these factors by having partners that is experience in the business area and have enough funds to help the business out with its finances. [] [] [] []

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?//


 * **Currency Exchange** ||  ||   ||
 * || US Dollars || German Mark ||
 * **Fast Food** ||  ||   ||
 * Candy bar || 1 || 1.4466 ||
 * Soda || 1.5 || 2.1699 ||
 * French fries || 2 || 2.8932 ||
 * Pizza || 10 || 14.4659 ||
 * **Consumer Electronics** ||  ||   ||
 * video games || 50 || 72.3295 ||
 * cell phone || 100 || 144.659 ||
 * Ipod || 200 || 289.318 ||
 * Laptop || 1500 || 2169.885 ||
 * **Transportation** ||  ||   ||
 * Taxi fare || 20 || 28.9318 ||
 * train ticket || 200 || 289.318 ||
 * plane ticket || 400 || 578.636 ||
 * automobile || 10,000 || 14465.9 ||
 * **Shelter** ||  ||   ||
 * Hotel room || 150 || 216.9885 ||
 * Apartment || 55,000 || 79562.45 ||
 * Condo || 150,000 || 216988.5 ||
 * House || 250,000 || 36164.75 ||
 * **Entertainment** ||  ||   ||
 * Movie || 10 || 14.4659 ||
 * Theme Park || 20 || 28.9318 ||
 * Sporting Event || 60 || 86.7954 ||
 * Concert || 100 || 144.659 ||

<a href="http://jeopardylabs.com/play/government-and-global-business2">My Jeopardy Template</a>

1. What type of political system does your country operate under? 2.What is the title of the current leader of your country? Who is it? 3.Is there more than one political party in your country? What are the names of the political parties? What party is currently in power?
 * Democracy**
 * The leader of Germany is the Chancellor who acts as head of government. This is currently Angela Merkel.**
 * The two main parties are Christian Democratic Union and Socialist Democratic Party, but there are many more than just these to like the Greens, Left Party, and the Free Democratic Party.**

media type="custom" key="10816826"

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= = =<span style="font-family: 'Palatino Linotype','Book Antiqua',Palatino,serif; font-size: 150%;">**Project 3- Economic Conditions Around the world** = = =



=**.Balance of trade**=

**What is it like to Live in Germany:**
Living in Germany is just like living in America with a different language. Germany is a market economy and is a country of most freedom like America has. [|Live in Germany]

**Natural resources**:
Germany has all kinds resources,such as Coal, Lignite,Natural gas,Iron ore,Copper,Nickel,Uranium.Potash,Salt,Construction Materials,Timber,Arable land. []

**Unemployment: (april2010) 7.1%, (2010) 6.7%**
[|Germany economy information]

**Literacy Rate**:99.7%
Definition: Age 15 and over can read and write. Total population:99% Male:99% Female:99% Germany has pretty good education level. Most citizens are highly educated.That's become a strong bases of the develop of Germany. [|Germany Demographics Profile 2011]

**Urbanization**: 74% of total population(2010)
Germany has more urban areas than rural areas.Almost 3/4 of Germany is urban.

GDP
2010-2.94 2009-2.84 2008-2.98

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Balance of trade:
2010 -**34,268.4** []
 * 2009** **-28,191.9**
 * 2008** **-42,991.3**

These four graphs show how the three countries changed in development level during the past three years. The graphs show the GDP, GDP per capita income, unemployment rate, and balance trade. Germany has a low GDP, high per capita income, high unemployment rate, and a low balance of trade. Just as the United States is an industrialized country, Germany is as well but Germany. The graphs relate to one another because they all are describing how strong each country is in each level. A company could use this information on to make a great decision like if they wanted to trade with that country you could look at the balance of trade chart and see that Germany is big on trade and will be a good country to trade with. You could also look at the GDP and see where they are in economic situations.

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English translation to Germany: ==

**Where is the bathroom?**
Wo ist die Toilette

** What time is it? **
Wie spät ist es

** Good morning. **
guten Morgen

** How much does it cost? **
wie vielkostet es?