众文网1.求一篇2000字的商务英语论文
The characteristics of the world top 500 enterprises and its enlightenment to Chinese enterprises A, the definition of us-funded enterprises in the world World us-funded enterprises that adopt diversified business, implement the strategy of globalization, assets, strong, has a large and strong, the core competitiveness of enterprises has significant influence on the development of world economy and stability of the world's leading multinational companies.Second, the world a us-funded enterprise features1) ability to innovate Everything in the world has a production, development and decline of life cycle.Enterprise as economic actors also undergoes a start-up period, rising period, height, decay time and ruin the life course.Enterprise is the key of the length of the life cycle after a start-up period, how to accelerate the rise period, prolong their heyday, the arrival of the postponed its decline period.Product life cycle relative to the enterprise life cycle is short, the enterprise must develop more innovative products of market value, one or several products meet after rising and heyday, when its not yet enter the decline phase, the other one or several products have reached the peak.So interlocking, bobo is connected, the enterprise will be endless.In 2004, in "fortune" the world "of the" top 500 enterprises in the 21st, annual revenues of $80.501 billion of Siemens to reveal a "longevity" enterprise: the secret of technology innovation.After more than a century and a half of the long journey, Siemens technology innovation constantly, constantly develop innovative products, always all is given priority to with invention of technology innovation in the work first, attaches great importance to scientific research and development work, and constantly put scientific research achievements into realistic productivity as soon as possible.Can say, Siemens is the birth and development of enterprises in technological innovation.Technology innovation has become a strong core of the enterprise values, become thick accumulation of enterprise culture, is the source of continuously improve enterprise core competitiveness.2) the implementation of the strategy of differentiation Differentiation strategy is the product or service provided by enterprises implement differentiation, to establish enterprise something unique in the industry, is to build enterprise core competitive ability.The implementation of differentiation strategy to make the enterprise the management in the industry competition superior and obtain higher returns.Positioning differentiation is to provide customers with unique product and industry competition is very different and super service, by customer requirement and enterprise competence of matching to determine the positioning of the enterprise, as the essence of the differentiation strategy.Porsche as Germany's small and medium-sized automobile company, in a wide variety of automotive industry, only choose sports as main products, with high and new technology to create excellent performance and is famous for its excellent quality, framed with a "technology" to harness the wisdom, roam the motorists customers.Thus formed the unique product positioning, unique customer orientation, unique price positioning, as well as to meet the needs of customers and constant innovation of technology, unique in the world of its own, as the world's largest special automobile manufacturing company, Germany's famous sports car production enterprises, become the model of implementing differentiation strategy.3) the brand advantage The world famous brand, refers to the world market with outstanding performance, get customer recognition and favor, have a huge effect, with a strong competitive advantage of product brand, trademark and trade name.As the world famous brand, must have the following characteristics: first, has the high international reputation.Second, has the very high international reputation.Third, has great economic value.Fourth, have a high degree of international market share and market globalization.Fifth, brand culture and product has a high degree of international integration.In an increasingly turbulent and changeable market economy, brand has become a winning customer loyalty and enterprise for long-term survival and growth of the key.In 2004, in "fortune" the world ranked 70th in the "top 500" enterprises, the annual business income is 48.318 billion dollars in unilever as the world's top consumer goods manufacturers, in the process of its development, has been successful for more than international brand acquisition operation, and good at would buy local 。
2.商务英语毕业论文范文
英语饮料广告中的语用预设研究 字数：4962.页数：17 论文编号：YY217 Abstract Advertising language has received a thorough study from different aspects. With the development of linguistics, the studies on advertising language are inclined to the relationship between language and context. In this case, pragmatic presupposition appears to be the very tool for its sensitive nature to context. In addition, common ground and appropriateness of pragmatic presupposition also make great contribution to the concise and economical advertisement. However, other properties like one-sidedness, subjectivity and latency are equally noticed. Proper exploitation of these features may develop useful market strategies. Therefore, it is of great significance to study advertising language from pragmatic presupposition perspective. The thesis focuses on the phenomenon of pragmatic presupposition in English advertisement for beverage. Based on the foundational theory, the classifications and functions of pragmatic presupposition are exposed by qualitative study method. Meanwhile, a case study is conducted to tentatively explore the distribution and frequency of each type by quantitative analysis. Research findings show that pragmatic presupposition occurs in 94% of the collected 100 drinks advertisements; the state presupposition accounts for the largest percentage (40%) among all five classifications , followed by belief presupposition, behavior presupposition, existential presupposition and fact presupposition, for 22%, 14%, 13%, 5% respectively. Key Words: advertising language pragmatic presupposition function classifications description 摘要 广告语言的研究一直以来都备受各个领域学者们的青睐。
在语言学领域，语言学的发展使得广告语言的研究逐渐趋向于语言与语境的关系的研究。于是，对语境敏感的语用预设便成为了分析广告语言的理想工具。
语用预设的共知性和合适性简化了广告的语言，节省了广告的费用。另外，语用预设本身还具有单向性、主观性和隐蔽性。
巧妙运用这些特征可以衍生出有效的广告撰写策略。因此，从语用预设的视角研究广告语言是很有意义的。
本文主要致力于研究英文饮料广告语言的语用预设现象。作者以语用预设作为研究基本理论，结合定性研究和定量研究方法，通过分析语用预设在饮料广告中的类型和功能，同时对各预设类型在英文广告中的分布和出现频率也进行调查研究，力图探讨语用预设在英文饮料广告中运用的深度和广度。
调查结果发现：语用预设在英文饮料广告中的运用程度极高，在收集的100条广告语中呈现出94%的高频率。与此同时，状态预设在五种语用预设类型中出现的频率最高，达到40%。
其余的信仰预设、行为预设、存在预设和事实预设分别占22%、14%、13%和5%。 关键词：广告语 语用预设 功能 分类描写 目录 Abstract 。
..1 摘要。
.2 Chapter 1 Introduction。
3 Chapter 2 Literature Review 。
.4 2.1 Previous studies on pragmatic presupposition abroad 。
4 2.2 Previous studies on pragmatic presupposition at home。
.. 5 Chapter 3 Theoretical Foundations。
..6 3.1 The definitions of pragmatic presupposition 。
..6 3.2 The characteristics of pragmatic presupposition。
. 7 3.2.2 Subjectivity。
..7 3.2.3 Latency 。
7 3.3 The classifications of pragmatic presupposition in print advertisement language 8 3.3.1 Existential presupposition 。
8 3.3.2 Fact presupposition。
. 8 3.3.3 State presupposition。
.9 3.3.4 Belief alue presupposition。
9 3.3.5 Behavior presupposition。
10 3.4 Functions of pragmatic presupposition in drink advertisement language。
10 3.4.1 Concise function。
.10 3.4.2 Euphemism function 。
.11 3.4.3 Persuasive function 。
11 Chapter 4 Case Study。
11 4.1 Research aims 。
..11 4.2 Data collection。
.12 4.3 Data analysis 。
..12 4.3.1 Statistic numbers 。
..12 4.3.2 Analysis findings。
14 Chapter 5 Conclusion 。
..15 5.1 General summary 。
15 5.2 Limitations of present study 。
..。
3.急求商务英语毕业论文
Recent Developments in Translation Studies as Seen from Three Representative Books Published in the 1990's Dan SHEN Abstract: In the field of translation studies, despite the existence of multiple approaches, two trends of development seem to have been dominating in recent years: one based on linguistics in the wide sense; the other marked by a historical-descriptive orientation. While the two trends of development are contrastive with each other, they share one thing in common, namely, both being essentially empirical, forming a contrast to translation studies with a somewhat 'purely' theoretical orientation. The present paper offers a discussion of some recent developments in the field by way of reviewing three representative books published in the 1990's. Through the present review, we may get a glimpse not only of the characteristics of the two major trends of development, but also of certain features of the theoretical versus the empirical orientation. Key words: translation studies, developments, representative books 20世纪80年代初以来，西方翻译研究进展迅速。
如果说西方译学研究在60和70年代的突飞猛进主要得益于语言学的快速发展的话，在近二十年里，文化研究、文学研究、人类学、信息科学、认知科学、心理学和广义上的语言学等均对翻译学科的发展起了较大的推进作用（参见Gentzler 1993, Neubert & Shreve 1992）。尽管翻译研究的方法纷呈不一，但近年来可以说有两大派别占据了主导地位：一派以广义上的语言学（尤其是语篇语言学和话语分析）为基础，致力于建构和发展经验性质的翻译科学；另一派则从历史的角度通过描写的方式来研究翻译问题，意在揭示翻译实践与研究中蕴含的文化与政治因素（参见Venuti, 1997）。
4.商务英语毕业论文范文
英语饮料广告中的语用预设研究 字数：4962.页数：17 论文编号：YY217 Abstract Advertising language has received a thorough study from different aspects. With the development of linguistics, the studies on advertising language are inclined to the relationship between language and context. In this case, pragmatic presupposition appears to be the very tool for its sensitive nature to context. In addition, common ground and appropriateness of pragmatic presupposition also make great contribution to the concise and economical advertisement. However, other properties like one-sidedness, subjectivity and latency are equally noticed. Proper exploitation of these features may develop useful market strategies. Therefore, it is of great significance to study advertising language from pragmatic presupposition perspective. The thesis focuses on the phenomenon of pragmatic presupposition in English advertisement for beverage. Based on the foundational theory, the classifications and functions of pragmatic presupposition are exposed by qualitative study method. Meanwhile, a case study is conducted to tentatively explore the distribution and frequency of each type by quantitative analysis. Research findings show that pragmatic presupposition occurs in 94% of the collected 100 drinks advertisements; the state presupposition accounts for the largest percentage (40%) among all five classifications , followed by belief presupposition, behavior presupposition, existential presupposition and fact presupposition, for 22%, 14%, 13%, 5% respectively. Key Words: advertising language pragmatic presupposition function classifications description 摘要 广告语言的研究一直以来都备受各个领域学者们的青睐。
在语言学领域，语言学的发展使得广告语言的研究逐渐趋向于语言与语境的关系的研究。于是，对语境敏感的语用预设便成为了分析广告语言的理想工具。
语用预设的共知性和合适性简化了广告的语言，节省了广告的费用。另外，语用预设本身还具有单向性、主观性和隐蔽性。
巧妙运用这些特征可以衍生出有效的广告撰写策略。因此，从语用预设的视角研究广告语言是很有意义的。
本文主要致力于研究英文饮料广告语言的语用预设现象。作者以语用预设作为研究基本理论，结合定性研究和定量研究方法，通过分析语用预设在饮料广告中的类型和功能，同时对各预设类型在英文广告中的分布和出现频率也进行调查研究，力图探讨语用预设在英文饮料广告中运用的深度和广度。
调查结果发现：语用预设在英文饮料广告中的运用程度极高，在收集的100条广告语中呈现出94%的高频率。与此同时，状态预设在五种语用预设类型中出现的频率最高，达到40%。
其余的信仰预设、行为预设、存在预设和事实预设分别占22%、14%、13%和5%。 关键词：广告语 语用预设 功能 分类描写 目录 Abstract 。
..1 摘要。
.2 Chapter 1 Introduction。
3 Chapter 2 Literature Review 。
.4 2.1 Previous studies on pragmatic presupposition abroad 。
4 2.2 Previous studies on pragmatic presupposition at home。
.. 5 Chapter 3 Theoretical Foundations。
..6 3.1 The definitions of pragmatic presupposition 。
..6 3.2 The characteristics of pragmatic presupposition。
. 7 3.2.2 Subjectivity。
..7 3.2.3 Latency 。
7 3.3 The classifications of pragmatic presupposition in print advertisement language 8 3.3.1 Existential presupposition 。
8 3.3.2 Fact presupposition。
. 8 3.3.3 State presupposition。
.9 3.3.4 Belief alue presupposition。
9 3.3.5 Behavior presupposition。
10 3.4 Functions of pragmatic presupposition in drink advertisement language。
10 3.4.1 Concise function。
.10 3.4.2 Euphemism function 。
.11 3.4.3 Persuasive function 。
11 Chapter 4 Case Study。
11 4.1 Research aims 。
..11 4.2 Data collection。
.12 4.3 Data analysis 。
..12 4.3.1 Statistic numbers 。
..12 4.3.2 Analysis findings。
14 Chapter 5 Conclusion 。
..15 5.1 General summary 。
15 5.2 Limitations of present study 。
5.急求一篇商务英语毕业论文
金华外贸行业商务英语人才需求状况的调研 此份论文包括，任务书，论文，开题报告，调研表，论文字数：4702，页数：13 论文编号：YY207 【摘要】随着我国经济的迅速发展和国际交流日益增多，我国与世界的距离进一步缩小，对外经贸业务也呈现出前所未有的繁荣景象。
本课题主要针对近年来金华地区对商务英语专业人才需求状况，以金华等中心城市劳动力市场为研究对象，进行多角度的分析，并以此为基础，提出重点关注学生学习能力的培养和综合素质的教育；明确课程开发和专业建设与地方经济发展的关系；同时提出对商务英语专业有建设性的启示，以便给人才和企业同时带来更好的效益。Abstract: With the rapid development of economy in our country and frequent contacts between different countries, intercultural communication is getting more and more,which has further shortened the distance between China and the whole world, with an unprecedented prosperity appearing in the foreign trade business. This subject is mainly concerned with the situation of the demand for business development. With labor market in the key city like Jinhua as its research target, we make analysis from various angles, then based on that we put forward the idea of paying close attention to the development of students' learning ability and comprehensive quality, make clear the relation of course development and profession to local economy, and raise constructive inspiration for business English profession so that it can offer greater benefits to talents and enterprises. 【关键词】金华地区，商务英语，人才需求，综合素质Key words: Jinhua, business English, talent needs, overall quality Contents 1. A brief introduction of the present international situation and foreign trade company in Jinhua prefecture……………………………….…………………11.1 Social background…………………………………………………………………….11.2 An introduction of foreign trade in Jinhua。
..1 2. An investigation and analysis on commercial English professional demand……………………………..……………………………………………….22.1 An analysis of enterprises' need changes for professional personnel in recent years…………………………………………………………………………………32.2 An analysis of enterprises' need for personnel types and ability requirements……4 2.3 The current supply-demand situation of business English talents in Jinhua…………5 2.4 A research on quality requirements for graduates of business English………….6 3. A forecast on the development prospect and new requirement of foreign trade business………………………………………………………………………………74. Constructive inspiration for business English majors…………。
..84.1 The development of academic ability keeping pace with education of comprehensive quality………………………………………………………………………………..84.2 Course development, major reform and new major setting should keep pace with local economic development………………………………………………………。84.3 To pay attention the development of students' ability of using technology and crosswise developing…………………………。
.95. Concluding remarks…………………………………………………………。..10References…………………………。
………………………………………………….10 以上回答来自： /54/。
6.商务英语论文
Advertising is the name given to the process of commercial promotion of goods and services in order to increase its sales. Advertising can be done by means of a number of mediums like television, newspapers, wall paintings, billboards, magazines, Internet, by the word-of-mouth and in many other ways. Advertising informs the buyers about the availability of a certain product or service in the market and encourages them to buy it.The main objectives of advertising are:* Increasing the usage of a certain product and hence acquiring more orders. * Creating new customers and increasing brand recognition.* To obtain feedback from customers regarding a certain product. * To indicate introduction of new products or replacement of old ones. Advertising has a number of uses. Apart from promoting commercial goods, advertising can also be used to educate and motivate the public about non-commercial issues such as AIDS, deforestation, family planning, etc. It is a powerful media which is capable of reaching to the far out masses. Now a days we find many ads on the internet also. These ads in most cases, have been successfully in connecting the user with the information he requires. To prevent complete commercialization of electronic media, some countries have made it mandatory for broadcasters to air some advertisements related to consumer interest. These public advertisements educate people of that country on a number of social and moral issues. However, some people are very keen on exposing the negative side of advertising. The impact that advertisements cause depends on the state of mind of an individual and his past experiences. For instances, young kids will be easily attracted by the false claims made in advertisements. People are also arguing about the increase in consumption of substances like alcohol and cigarettes after viewing the ads. Excessive advertising has become a nuisance in most cities of the world. Manufacturers easily make false claims about any product and influence the minds of the people. To confront this problem, companies are being asked to withdraw any false and negative claims made in their ads and also being made to pay a fine for these false claims.。
7.给一篇2000以上商务英语毕业论文
The Impact of Enterprise Resource Planning Systems on Management Accounting: An Australian Study Abstract Information technology is significantly changing the operating practices of an increasing number of companies globally. These developments have important implications for the accounting profession and in particular accounting practices in the twenty-first century. This study examines the development of enterprise resource planning (ERP) systems as a means of illustrating how changes in information technology allows all systems in a company to be linked to manage operations holistically. The study investigates the change in accounting systems using a sample of Australian companies with emphasis on the adoption of ERP systems including the potential impact of ERP on capital budgeting processes. The results show that ERP systems are changing management accounting practices, although at this stage, the impact on capital budgeting techniques appears to be limited. The findings contribute to the emerging body of literature on the development of ERP systems and its impact on management accounting teaching and research. Key words: Management accounting, capital budgeting, enterprise resource planning systems, information technology. 1. Introduction During the past decade an increasing number of companies have been impacted by information technology in terms of computerized transaction processing and electronic telecommunications such as that done with the Internet, intranet, and extranet. For competitive reasons, companies have had to change from manual and then mainframe systems to what has been called enterprise resource planning (ERP) systems. An ERP system has a common database or data warehouse that links together all systems in all parts of a company including, for example, capital budgeting with financial, control, manufacturing, sales, fixed assets, inventory, human resources modules, etc. An ERP system, by linking all systems through a data warehouse, allows a company to manage its operations holistically. A second impact of ERP systems has been a general shift to manage at the activity level rather than at the more abstract level of financial transactions. This means that management accounting, with its focus on activities, can be most effective when it is used with ERP systems to incorporate the activity level for costing and performance measurement. To be effective an ERP system will contain an extensive chart of accounts or codes for activities such as accurate recording and tracking of activities, revenues and costs. The coding incorporates stable entities of a business, such as divisions, plants, stores, and warehouses. At a detailed level there are codes for functions such as finance, production, sales, marketing, and materials management. There are also the traditional financial account codes such as assets, liabilities, revenues, and expenses, and the central ERP feature of coding processes, activities, and sub-activities. There must be consistent coding among all parts of a company in order for them to relate to one another. As the ERP system incorporates activities in terms of quantities of resources, including labour, a record of resource use is maintained. Therefore, performance can be measured in physical terms and compared to standards, which allows for the calculation of variances. This performance measurement at the activity level serves as a feedback system on efficiency and effectiveness. The confusion from abstract monetary measures is erased, and what is actually happening with the conversion of resources into goods and services can be seen. ERP systems have the potential to change management ccounting systems with more detailed, more integrated, and faster produced information. To date the research on the impact of ERP systems on management accounting can best be described as preliminary. It has involved case studies of one or two companies at a time and some field studies. The findings from these studies have been largely anecdotal. Also, some have been deductive in that arguments based on ERP attributes have been made on how management accounting should be affected. For instance, in a field study, Cook et al. (2000) described activity-based capital budgeting at a division of a US telecommunications company. The findings from Cook et al.'s field work suggests that ERP systems can increase the effectiveness of capital budgeting by anchoring financial numbers to activities rather than stopping at monetary measures with pre-ERP practices. The 。
8.高分50分
Five score years ago, a great American, in whose symbolic shadow we stand signed the Emancipation Proclamation. This momentous decree came as a great beacon light of hope to millions of Negro slaves who had been seared in the flames of withering injustice. It came as a joyous daybreak to end the long night of captivity. But one hundred years later, we must face the tragic fact that the Negro is still not free. One hundred years later, the life of the Negro is still sadly crippled by the manacles of segregation and the chains of discrimination. One hundred years later, the Negro lives on a lonely island of poverty in the midst of a vast ocean of material prosperity. One hundred years later, the Negro is still languishing in the corners of American society and finds himself an exile in his own land. So we have come here today to dramatize an appalling condition. In a sense we have come to our nation's capital to cash a check. When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men would be guaranteed the inalienable rights of life, liberty, and the pursuit of happiness. It is obvious today that America has defaulted on this promissory note insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check which has come back marked "insufficient funds." But we refuse to believe that the bank of justice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. So we have come to cash this check -- a check that will give us upon demand the riches of freedom and the security of justice. We have also come to this hallowed spot to remind America of the fierce urgency of now. This is no time to engage in the luxury of cooling off or to take the tranquilizing drug of gradualism. Now is the time to rise from the dark and desolate valley of segregation to the sunlit path of racial justice. Now is the time to open the doors of opportunity to all of God's children. Now is the time to lift our nation from the quicksands of racial injustice to the solid rock of brotherhood. It would be fatal for the nation to overlook the urgency of the moment and to underestimate the determination of the Negro. This sweltering summer of the Negro's legitimate discontent will not pass until there is an invigorating autumn of freedom and equality. Nineteen sixty-three is not an end, but a beginning. Those who hope that the Negro needed to blow off steam and will now be content will have a rude awakening if the nation returns to business as usual. There will be neither rest nor tranquility in America until the Negro is granted his citizenship rights. The whirlwinds of revolt will continue to shake the foundations of our nation until the bright day of justice emerges. But there is something that I must say to my people who stand on the warm threshold which leads into the palace of justice. In the process of gaining our rightful place we must not be guilty of wrongful deeds. Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred. We must forever conduct our struggle on the high plane of dignity and discipline. we must not allow our creative protest to degenerate into physical violence. Again and again we must rise to the majestic heights of meeting physical force with soul force. The marvelous new militancy which has engulfed the Negro community must not lead us to distrust of all white people, for many of our white brothers, as evidenced by their presence here today, have come to realize that their destiny is tied up with our destiny and their freedom is inextricably bound to our freedom. We cannot walk alone. And as we walk, we must make the pledge that we shall march ahead. We cannot turn back. There are those who are asking the devotees of civil rights, "When will you be satisfied?" we can never be satisfied as long as our bodies, heavy with the fatigue of travel, cannot gain lodging in the motels of the highways and the hotels of the cities. We cannot be satisfied as long as the Negro's basic mobility is from a smaller ghetto to a larger one. We can never be satisfied as long as a Negro in Mississippi cannot vote and a Negro in New York believes he has nothing for which to vote. No, no, we are not satisfied, and we will not be satisfied until justice rolls down like waters and righteousness like a mighty stream. I am not unmindful that some of you have come here out of great trials and tribulations. Some of 。
9.求商务英语论文（英文论文）一篇
Derivatives, as financial instruments, have gained an increasingly important role to the financial status of big companies around the globe. Their importance can be primarily illustrated by the huge development of the derivatives exchange markets in the most developed countries, with banks usually being at the centre of trading of these powerful financial tools. The very essence of their importance lies to the fact that companies can use them to reduce uncertainty or risk that stems from entrepreneurial activities. Financial managers use derivatives to understand the risks that their firms are exposed to daily and thus are able to pursue higher returns, given the fact that higher returns impose higher risks. The management of high risks enables companies to reduce the danger of financial losses and in the same time achieve higher returns. The extended use of derivatives can also attribute further benefits to the financial position of firms by improving several other corporate actions like cheaper borrowing, tax planning and ensuring safer loan payback. However, derivatives' trading has been a cause for huge corporate losses for many companies, the financial management of which ignored the high risks involved in the use of those financial instruments. This essay will attempt to examine the ways in which companies can use derivatives to modify their financial position.A derivative (or derivative security) can be defined as a tradable asset whose intrinsic value depends on or derives from the value of an underlying asset (like shares or bonds), a commodity (like oil or gold) or an abstract measure (like interest rates or indexes). This dependency of the derivatives' value is the reason why they are also called contingent claims. This last definition of derivatives describes accurately their nature of being an exercisable right or obligation rather than a tradable good. This right or obligation is the exact legal contract that acquires value like a real asset, and therefore can be traded. People have implemented derivatives, as legal contracts, since ancient times, although their systematic use and trading began in the late nineteenth century. However, the past thirty years witnessed a massive growth in the volume of derivatives' trading. Nowadays, derivative markets account for a significant amount of the world financial exchange system, and their types and use keeps developing and adapting to the different financial needs of the various industries. Common types of derivatives are options, futures, forwards, forward rate agreements and swaps, while other less common types are caps, floors, exotic options, Over-The Counter (OTCs) and exchange-traded derivatives. A brief description of the most common derivatives is given below.An option is a contractual agreement that the gives the right and not the obligation in one party to buy or sell an underlying commodity or asset at a given price anytime during a pre-specified period of time. At the end of the pre-specified period this right can be exercised or not, according to the option's holder needs, thus the name of the derivative. If an option gives the buyer the right to purchase an asset (a number of shares for example) at a given price during a time period, this option is called call option. By the end of the period the right expires and after that date the option loses its value. On the contrary, if a similar contract gives the buyer the right to sell an asset (at an agreed price and up to a given date), it is then called put option. Call and Put options enable their holders to make profits, reducing the uncertainty of the future value of the underlying asset because they can be tradable at any time before the expiry date. If the underlying asset is a share index like FTSE 100, S&P 500 etc. then the purchased right is called index option.Futures are also contractual agreements between two parties to buy or sell an asset at a specific time and a pre-specified price. However, a future represents an obligation, not a right, to proceed in the specific transaction, thus neither of the two parties can back away once the agreement is made (or the future is purchased). Thus a holder of a future buys the obligation of the other party and not the right, as in options. However, futures are tradable derivatives and are exchanged in a regulated market, like options. This characteristic allows their holders to change their position, according to the change of the underlying asset value through time before the date of the contracted transaction. However, they are very standardised and so they might not be very attractive to companies with specific financial needs. A future having as 。
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