Discussion: "The Cost of Complexity"
Please respond to the following:
· Read the article titled, "The Missing Metrics: Managing the Cost of Complexity" l Next, in a globalized economy with many business complexities, speculate the major ways that these complexities might impact a business and suggest two actions that a business can take in order to minimize these consequences.
· From the previous discussion, recommend one approach that an accountant could take in order to measure the types of complexity you identified for a specific business or industry and determine the insight that the measure will provide in relation to business performance.