Mark Ramos
Bus 138

Questions for Analysis:

1. Define future and options contracts and provide an example of settling accounts of two customers that have taken opposing sides in these contracts.
A futures contract is a standardized contract between two parties to buy or sell a specified asset of standardized quantity and quality for a price agreed upon today with delivery and payment occurring at a specified future date, the delivery date. Option contract is a contract that allows the holder to buy or sell an underlying security at a given price, known as the strike price. For example, a trader believes that the price of a stock will rise from its current price of $40 to a level nearing $100. Rather than purchasing the stock itself, she can purchase a call option for a fraction of the price at a strike anywhere between $40 and $100. If the stock does indeed rise to $100, and assuming the call option was bought at a strike of $75, the holder stands to gain $25 per share on the contract, minus any premiums paid for the option itself.
2. Did Mr. Leeson fit well in the Singaporean business culture? Using his example or other examples, comment in general regarding the problems that are faced by "Ex Pat's" and their employers. (Ex Pats are workers that are sent from the home office to work in the foreign branch of a multinational).
I believe Mr. Leeson did not fit well in the Singaporean business culture. Asian cultures are punctual, formal, polite, and structured when it comes to business. The personal side of a business relationship and trust are extremely important, so relationships can take longer to develop. Mr. Leeson’s action at the bar when he exposed his private area was illegal, disrespectful, and immature. Some other problems faced when workers are sent from office to work in the foreign branch of a multinational include: language barriers, culture