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Commerce · Q104

Business Management

Graduate and Post Graduate · Commerce · question 104

Q104

Which type of organization gives importance to people and their relationships

A.
formal organization
B.
informal organization
Answer
C.
business organization
D.
strategic organization

Answer: Option B

Solution

Answer: Option B
Solution:
Option A: formal organization
This option is incorrect. A formal organization emphasizes structure, rules, and procedures rather than personal relationships.

Option B: informal organization
This is the correct option. An informal organization values personal relationships and social networks among its members, focusing on people and their interactions.

Option C: business organization
This option is incorrect. A business organization generally refers to any entity involved in commercial, industrial, or professional activities, and it does not specifically emphasize personal relationships.

Option D: strategic organization
This option is incorrect. A strategic organization focuses on long-term goals and plans, rather than personal relationships and social dynamics.

In conclusion, the correct answer is Option B: informal organization, as it prioritizes people and their relationships over formal structures and procedures.