Forecasting Top-Down or Bottom-Up?

To forecast future cash flows sometimes companies use top-down and sometimes bottom-up approach (and sometimes both)? What are the advantages and disadvantage of each of them?

In forecasting your company cash flow in earlier discussion topic, what approach did you and your classmates use, how would you compare the two approaches in this case?

Attention: Please notice that this question is about forecasting future cash flows themselves. "top-down" and "bottom-up approach, can be applied to other areas, which are beyond the scope of this question.

Risk Management and Project Valuation

Financial manager has to consider many different risk factors in risk management analysis of the project.

Current supply chain disruptions and conflicts have a dramatic impact on businesses in the world.

Please choose a company with international business activities. Introduce the company to the class and discuss, what risks supply chain disruptions, war in Ukraine, and restrictions on trade with China impose on its business activity and how the company manages this risk. Please don't pick up a company, which has been already described by your classmates. And don't' forget to provide references to all sources.