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Management · Q102

Business Management

Graduate and Post Graduate · Management · question 102

Q102

Which type of organization gives importance to terms of authority and functions

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

Answer: Option B

Solution

Answer: Option B
Solution:
Formal organization gives importance to terms of authority and functions. The formal organization is basically goal-oriented entity that exist to accurate the efforts of individuals and it refers to the structure of jobs and positions with clearly defined functions, responsibilities and authorities.