Question

Curtis created his own restaurant equipment company, supplying the greater Denver area, five years ago. Until now, he has never worried about instituting a formal control system. Now, after the Great Recession, he is facing more cost-conscious restaurant owners. He has decided that a formal control system is needed. The first step Curtis should take is ____ (A) Design an accident report form so that he can keep accurate records of all accidents that accur. (B) Devise a set of clear perforamance standards.(C) Talk to his banker to set financial goals.(D) Draw up a formal organization chart.

Answer 1

The first step that Curtis should take is D) drawing up a formal organization chart.

Step-by-step explanation:

In a formal organizational structure , the hierarchical relationship ( both between various jobs and departments in an organization ) is clearly defined, which is helpful in managing employees and different business activities, so that a common objective of an organization can be achieved . With the help of this Curtis would be able to take first step towards creating a formal control system.