Posted by & filed under Data security, Financial Accounting, Student life.

Description: Friday was a tough day for McDonald’s restaurants in several countries as system issues brought business to a standstill. Very early Friday morning Brian Rice, McDonald’s Chief Information Officer, reported the chain “experienced a global technology system outage, which was quickly identified and corrected.” Temporary shutdowns appeared to be required in countries such as Japan and Australia, for example.

Date:  March 15, 2024



Discussion points:

1) Did anyone on your campus experience a McDonald’s shutdown?

2) Do you carry some cash with you so that you can deal with tech emergencies like this when shopping?

3) Problem 6.12 A on pages 6-54&55 of Wiley’s Financial Accounting: Tools for Business Decision-Making asks for a comparison of McDonald’s liquidity and profitability with its competitor Wendy’s. Can you solve this problem with a group of your classmates?

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