Question

write in detail about formal organisation???
b.com
principles of management
2nd sem​

Answer 1

An organisation or a relationship existing within the organisation will be considered to be a formal if the job and the nature there of is well - defined as well as there is a well grounded system of hierarchy and authority that is being followed . The employees have been delegated tasks and objectives and they endeavour to follow and achieve the goals , each person is held accountable for his or her job performance . In such a setting ,rules and regulations are in place and employees are suppose to follow them formally and unconditionally . In fact , authority and hierarchy are the cornerstones of any formal organisation .

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