Part 1: Operations Forecasting (Netflix)Choose 3 quantitative elements from the company you selected in Competency 2, Part 1. (Attached is the document)Develop forecasts by implementing the following approach: Collect data, including old demand forecast (subjective data) and the actual demand outcomes. Establish the forecasting method (from readings). Decide on the balance between subjective and objective data and look for trends and seasonality. Forecast future demand using a forecasting method. Make decisions based on step 3. Measure the forecast error where applicable. Look for biases and improve the process. Write a 525- to 700-word paper evaluating and summarizing the findings from the supported data points above. Insert the charts and supporting data from Excel and other tools in your paper.

CompetencyEvaluate the reasons business combinations occur and the accounting implications of such transactions.ScenarioCM Corporation (CMC) was founded six years ago by Phil Connor and Eric Martin. The company designs, installs, and services security systems for high-tech companies. The founders, who describe themselves as "entrepreneurial geeks," met in a computer lab when they were teenagers and found they had common interests in working on security systems for critical industries. CMC hired you as a junior accountant this year.Lately, Connor and Martin have been working with "radio frequency identification" (RFID) technology. They have developed a detailed system designed to track inventory items using RFID tags embedded invisibly in products. This technology has numerous inventory applications in multiple industries.One of the most basic applications is tracking manufacturing components; if tagged components "go walking" (if employees attempt to take them), companies can easily track and find them. Connor and Martin have sold their system to several high-tech companies in the area. These companies have a number of government contracts that require extensive security systems to protect sensitive data from infiltration by terrorists and others. To date, CMC's cash flow from sales and services has adequately funded its operations.CMC expects much growth potential for its products. As a result, they are considering going public and expanding internationally in the near future.InstructionsConnor and Martin are contemplating acquiring Adverse Systems, a smaller security system manufacturer who is in the market to sell due to financial hardships. It is important for CMC to analyze the internal and external factors that could possibly affect the company's future performance after acquiring another company. SWOT is a comprehensive audit and competitive analysis that analyzes the Strengths, Weaknesses, Opportunities and Threats facing an organization. CMC has asked you to be a part of the company's acquisition planning process to identify strategies, financial and operational goals. They have requested that you outline the internal and external factors that are relative to the acquisition and report the results using a SWOT analysis. CMC and Martin have the option of recognizing goodwill or making a bargain purchase.Prepare a PowerPoint presentation of a SWOT analysis comparing goodwill and bargain purchase.Presentation Mechanics should be as follows: Prepare a 5-8 slide PowerPoint presentation, including slide notes. Summarize the strengths, weaknesses, opportunities, and threats for CMC under each purchase option. Explain the advantages and disadvantages of each option under both US GAAP and IFRS standards. Explain how either the “goodwill recognition” or “bargain purchase” can impact an acquisition. Use the FASB Codification and IFRS to address all technical accounting issues presented in the requirements, being certain to reference the applicable sections of the Codification and IFRS in your presentation. You will need to register for the basic service at these sites. It is free.All sources used to support your responses should be properly documented. You should have other credible sources in addition to the Codification and IFRS.F F C B A 0 1 2 3 4 No Pass No Pass Competence Proficiency Mastery Not Submitted No presentation or analysis of strengths, opportunities, weaknesses, and threats. Minimal presentation and analysis of strengths, opportunities, weaknesses, and threats. Basic presentation and analysis of strengths, opportunities, weaknesses, and threats. Clear presentation and analysis of strengths, opportunities, weaknesses, and threats. Not Submitted No explanation of advantages of each option under both US GAAP and IFRS. Minimal explanation of advantages of each option under both US GAAP and IFRS. Basic explanation of advantages of each option under both US GAAP and IFRS. Clear explanation of advantages of each option under both US GAAP and IFRS. Not Submitted No explanation of disadvantages of each option under both US GAAP and IFRS. Minimal explanation of disadvantages of each option under both US GAAP and IFRS. Basic explanation of disadvantages of each option under both US GAAP and IFRS. Clear explanation of disadvantages of each option under both US GAAP and IFRS. Not Submitted No explanation of the implications of an acquisition resulting in goodwill vs. bargain purchase option. Minimal explanation of the implications of an acquisition resulting in goodwill vs. bargain purchase option. Basic explanation of the implications of an acquisition resulting in goodwill vs. bargain purchase option. Clear explanation of the implications of an acquisition resulting in goodwill vs. bargain purchase option.

Included in upload is the Risk Management Plan Project and you will complete Phase II section which is due week 8. Make sure to read all the information in that section to complete the assignment. Make sure to complete all components in that section which is 1 through 3. Please let me know if you need anymore information on this assignment