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Margaret Thatcher
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Margaret Thatcher
Margaret Thatcher is one of the most influential female political figures of all time. She earned the nickname ‘Iron Lady,’ a reflection of her strong leadership and uncompromising stance on many political issues. She was the first woman to become British Prime Minister in addition to holding the position for the longest time in the twentieth century. She began her political career in 1959 as a Member of Parliament and quickly rose through the ranks to become the Opposition leader in 1975. She was also the first woman to lead a major political party in the United Kingdom, the Conservative Party (Aitken 17). In 1979, she was elected Prime Minister and sought to implement policies to improve the country’s social, economic and political welfare.
Thatcher is remembered for her economic policies of flexible labor markets, reducing trade unions’ powers, deregulation of the financial market, and privatization of companies owned by the state. These were aimed at reducing the rate of unemployment in the country and improving the economy. Despite her best efforts, the economy slumped during Thatcher’s first few years in office. However, things improved in 1982 when the UK won the Falklands War, and Thatcher regained favor and won the election again in 1983. Thatcher faced a lot of opposition as PM, even surviving an assassination attempt in 1984. A critical area of contention was Thatcher’s Eurosceptic views (Daddow 218). Many of her cabinet members shared opposing opinions on the European Union, which made Thatcher unpopular with them. The community poll tax was another thorny issue which increased the Prime Minister’s unpopularity. The majority of the population opposed the tax supported by Thatcher. She resigned from her position as PM as well as party leader in the year 1990. Margaret Thatcher passed away at the age of 87 in the year 2013. She is remembered as a powerful woman and an influential political figure all over the world.
Works Cited
Aitken, Jonathan. Margaret Thatcher: power and personality. A&C Black, 2013.
Daddow, Oliver. “Margaret Thatcher, Tony Blair and the Eurosceptic Tradition in Britain.” The British Journal of Politics and International Relations 15.2 (2013): 210-227.
Leslie Chang, the author of the book Factory Girls
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“Factory”
According to Leslie Chang, the author of the book Factory Girls, the so called “Floating population” are the workers from the villages who have no skills in any work and have come to the city where they are discriminated upon by their employers. The reason for such mass movement by many young people from the rural areas to the urban town is the search for jobs because the villages around Dongguan do not offer any meaningful employment for the young men. Another reason for the migration is poverty, thus many tend to move in to Dongguan in order to get some money and improve both their lives and the lives of their close relatives. Some characters in the book move to Dongguan, the urban center, to try their luck after hearing about the success stories of people in towns.
According to the book, Don Guan’s mainly depicts that the city is polluted, chaotic, and above all corrupt. It is a place where people arriving from the village can double or even triple their income by simply learning English and taking some computer lessons. The city is also a major black spot for fake documents such as Identification cards and driving license.
The factory girls described in the book endure a myriad challenges. The girls are compelled to stretch themselves by doing anything within their power in a bid to survive in the city, even if it means lying. On a lighter note, these girls, just like many other migrants who move to towns, enjoy some time out partying in clubs thus in some aspect it can be said that their life is fun. They also live in fear because many people are not sure of the jobs they do and they risk being fired from their current positions, yet jobs are not easy to find.
The life of the factory girls is not any different from the lives of any migration workers anywhere in the world. The only difference between the older generation migrants and the new generation is that the former group moves to towns mostly after being invited by another person to fill a job vacancy, whereas latter group moves to towns without even knowing where to stay or start. This is the reason why many young people suffer in the process of trying to adopt in the big cities.
The Yue Yuen factory makes shoes for the Adidas and Nike shoe companies. It has over 70,000 workers, but does not provide favorable working conditions for the employees: they work for long hours, discrimination is rife, and the management team ignores the workers’ interests. Being a factory that produces shoes for some of the leading shoemakers in the world, whatever goes in the factory is outright exploitation. This desperate situation is evident owing to the overwhelming pressure from politicians for the factory to produce more with the least expenses in order to generate money for them.
China has an education system established and run by the government but some differences abound in the way the commercial schools conduct their teaching. The schools incorporate other extra subjects such as computer studies in order to prepare their students for the future. Their approach is also different as they put more emphasis on religious education as a way of molding the students.
Automobiles Financial Analysis
Automobiles Financial Analysis
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Automobiles Financial Analysis
Financial swot analysis of Chrysler and General Motors
Swot analysis is a tool used by companies to check on their status internally and externally and also check if their products and the business is able to progress successfully with its intended actions towards becoming more profitable. Strengths and weaknesses are internal factors while threats and opportunities are external factors. The two companies are car companies.
Chrysler
The company is involved in the production of luxury cars for urban upper middle class and its parent company is fiat.
Strengths
Since its formation in 1925, the company has a strong brand legacy
Manufactured and recorded more than 2 million cars per year
Investment in ecofriendly and hybrid cars
Wide variety of cars like sedans, vans, automotive parts, SUVs and commercial vehicles
A leading brand based out of the United States
Weaknesses
Strong dependence on American market unlike other brands spread throughout the world
Very stiff competition thus a thin market
Opportunities
Partnerships and acquisition of companies can benefit Chrysler to a great extent
Increasing demand for electric vehicles (EVS) can be good for Chrysler
Selling in new markets and geographical locations can be good for Chrysler
Threats
Chrysler has strong and almost sole reliance on north American market
Loss of business margins due to strong competition
Fluctuation and economic recession affect the global operations of the company
General Motors
General Motors was founded in 1908 and currently it serves more than 140 countries. Its headquarters are in Detroit Michigan and by 2016 the company had 215,000 employees.
Strengths
Strong position in automotive industry in terms of market
The company has strict and good environmental and sustainability measures and policies
The cars are safe and they are eco-friendly
The company has joint ventures with chinese automotive companies
Weaknesses
Over-dependence on the US alone for revenue
Major reliance on pick-up trucks and SUVs for growth
Brand awareness is also a problem
Opportunities
Due to low fuel the demand for pickup trucks is increasing
Very high demand for autonomous vehicles which General Motors are working on
Perfect frequency and timing of the new models.
Threats
Very stiff competition in the market
Increased government regulations increase the cost of production
There are predictions that united states locomotive industry is slowing down and collapsing.
Ford Motors Financial Report
Taken from FInancial Summary – Ford Motor Company (weebly.com)Chrysler automobiles
Taken from Stellantis_2020_12_31_Annual_Report.pdfGeneral Motors
Taken from https://sec.report/Document/0000804269-19-000052/References
Balcet, G., Commisso, G., & Calabrese, G. (2013). Structuring and restructuring Fiat-Chrysler: can two weak carmakers jointly survive in the new automotive arena?. International Journal of Automotive Technology and Management, 13(2), 183-197.
Rehnberg, P. (2021). Bootleggers and Baptists in American Fuel Economy Regulation–A qualitative content analysis of American automakers’ attitudes towards CAFE-standards.
Shire, K. (2019). 5. Bargaining Regimes and the Social Reorganization of Production: The Case of General Motors in Austria and Germany. In Workplace Industrial Relations and the Global Challenge (pp. 137-156). Cornell University Press.
Warburton, A. J. (2009). Understanding the bankruptcies of Chrysler and General Motors: a primer. Syracuse L. Rev., 60, 531.