Informal Organisation

In this topic, you will learn about, Informal Organisation. What is Informal¬†Organisation? INFORMAL ORGANISATION: For the success of the business organisation the importance of informal organisation cannot be ignored. The informal organisation refers to the relationship between people in the organisation based on personal, attitudes, emotions, prejudices likes and dislikes etc. these relationships are not …

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Formal Organisation

In this topic, you will learn about, Formal Organisation. What is a Formal Organisation? The formal organization refers to the structure of jobs and positions with clearly defined functions of responsibility and authority. A formal organization has its activities clearly defined between the people and concisely coordinated towards a common objective. In any business organization, …

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