Arocam publications was a private limited company . The publishing business was growing by leaps and bounds. The demand was huge. It required huge investment to set up its branches and printing base all over the country. The board member were thinking to offer shares to public to meet investment requirements. On the basis of above case answer the the following question. Identify the form of organization which board members are thinking of?
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Answer:
Formal Organisation
Explanation:
It means to achieve the objectives specified in the plans, as it lays down rules and procedure essential for their achievement.
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