Question

Provide a complete a complete narration of both Formal and Informal Meetings and state their different TYPES and purposes.

Answer 1

Explanation:

Formal Meeting

One type is a formal meeting. They are formal gatherings to present important financial, organizational, and operational information to those who make decisions regarding these issues. This list usually includes shareholders, senior management, board members, and possibly individuals representing a committee that is working on a specific project in one of these areas. Examples of formal meetings are finance committee meetings, board of directors meetings, and annual shareholders meetings.

These meetings will have a specific agenda, and the minutes of the meeting will be recorded. Formal meetings are typically used for reporting and presenting important financial and large-scale operational information. If this is a publicly traded company, the minutes are required to be submitted to the Securities and Exchange Commission.

Informal Meetings

Another type is an informal meeting. This type of meeting is used to address daily operational and policy issues. Your department meeting is a type of informal meeting. This meeting should have an agenda in order to keep the discussion on track, and there will probably be notes taken by the attendees. However, there will be no 'official' meeting minutes recorded. The informal meeting can be used for:

Problem

solving

Brainstorming