Netflix, Inc. is an American media provider and production company. Netflix has been a market leader and innovator in digital media services, but recently the company is facing a number of significant challenges.

In your essay, address the following questions:

1. Describe the main contingency factors (e.g. strategic, environmental, technological) faced by Netflix and how these have changed over time.

2. Explain how the changes to the contingency factors in Part 1 are likely to have influenced the design and use of management accounting and control practices in Netflix. Create one or more diagrams/models that visualise these relationships, clearly showing the type of association (refer to Lecture 1). Use no more than 6 variables in total across your models. You may refer to your readings in this module, or any publically available source you consider relevant from Netflix (website, articles, case studies, etc). Please do not contact Netflix directly for information – you are only allowed to cite publicly available sources of information.
Please could you cut it down into 1000 words.
Thank you so much