Author Question: Differentiate between a formal and an informal organization. What will be an ideal ... (Read 129 times)

mydiamond · **on:** Jul 1, 2018

Differentiate between a formal and an informal organization.

What will be an ideal response?

Question 2

An economic enterprise that has headquarters in one country and conducts business activities in one or more other countries is called:

a. a conglomerate
b. a monopoly
c. a multinational corporation
d. an oligopoly

Laurenleakan · **Reply #1 on:** Jul 1, 2018

Answer to Question 1

Informal organizations are groups whose norms and statuses are generally agreed upon but are not set down in writing. Formal organizations have explicit--often written--sets of norms, statuses, and roles that specify each member's relationships to the other and the conditions under which those relationships hold. Organization charts and job descriptions are typical of such organizations.

Answer to Question 2

C