Financial Reporting

In class today, we analyzed Financial Reporting for McDonalds. I learned for a global corporate company, the employees must review sales and revenues for each country. Since the currency and values varies between nation, there is a system in place called constant currency, which seems complicated to calculate and understand on such a large scale.

I still have questions on how constant currency is determined and how accurate it is compared to standard valuing. The financial reports we analyzed were based off of second quarter and I'm cofused on what business quarters are, and why they are used.

3-2-1 Ted Talk

In the Ted talk, by "Tony Fadell: The first secret of design is ... noticing" the speaker was on the topic of design and technology as well as everyday life. The first example he touched upon,was the stickers placed on fruit. These sticky items make it easier to check out of grocery stores, but also pose a problem of removing the sticker before consumption. Another example Facell talked about was driving and how at first every single detail was noticeable but then as it became second nature humans habituated. Fadell also talked about comedians how they make jokes but remembering the little things that happen daily that we forget. Things like not being able to set the shower temperature but we habituate those details that is funny when we hear them back.

A piece of technology I remember having that was not planned out well was a children's video game system. It required so many extra parts and functions that it was never fun for a kid to use. Another product that wasn’t planned well was a type of invisible ink that came in the bottle as a blue color, so when the ink dried it wasn’t very visible because there was an obvious stain on the paper.

I see design planned well for a product when multiple prototypes are made and tested by real consumers. When the feedback and suggestions are taken, I feel as if the design is planned out well.