Business Studies, asked by ManojGhera6796, 1 year ago

Distinguish between formal and informal organisation by taking any four bases

Answers

Answered by shreyaswadile007
0

Answer:

Formal Organization

Informal Organization

Meaning

Formal Organization may be defined as such organization in which authority, responsibility and account-ability of each member are clearly defined.

On the other hand, informal organization may be defined as such organization in which authority, responsibility and account-ability of each member are not clearly defined.

Objectives

The purpose or objective of establishing formal organization is to achieve Pre-determined goals of an enterprise.

Where as, the objective of establishing informal organization is just to fulfill the psychological and social needs of its members.

Stability

Formal organization is generally more stable in comparison to informal organization, because it is established according to proper rules and regulations for achieving certain goals.

On the other hand, informal organization is not as stable as formal organization, because it is established, in the lack of proper rules and regulations.

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