GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Discussing and evaluating business ideas.
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Setting goals for business success.
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Lack of personal support.
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None of the above
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Detailed explanation-1: -Unlike formal networks, informal networks are characterized by an interaction that occurs outside of a structured organizational setting. These networks are often hidden, and we don’t usually realize when we are engaging in them.
Detailed explanation-2: -An informal network is generally based on human, social interaction – it freely allows the exchange of information across multiple boundaries ignoring traditional formal network structures already in place. Just because employees are in a place of work does not stop them being social creatures.
Detailed explanation-3: -Often what needs attention is the informal organization, the networks of relationships that employees form across functions and divisions to accomplish tasks fast. These informal networks can cut through formal reporting procedures to jump start stalled initiatives and meet extraordinary deadlines.