BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Formalization is the extent to which an organization’s policies, procedures, job descriptions, and rules are written and explicitly articulated. Formalized structures are those in which there are many written rules and regulations.

Detailed explanation-2: -A formal organization has its own set of distinct characteristics. These include well-defined rules and regulation, an organizational structure, and determined objectives and policies, among other characteristics.

Detailed explanation-3: -Characteristics of Formal Organizations These include: A deliberate division of labor and power. A written set of rules, policies, and procedures. A system for replacing members.