GK
INDIAN ECONOMY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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esteem and prestige
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roles and duties
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dominance and supremacy
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rules and regulation
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Detailed explanation-1: -Rules and regulations is the correct answer.
Detailed explanation-2: -A formal organization is defined as an organization that has set rules and regulations to be followed by the employees. On the other hand, an informal organization is defined as an organization that focuses on building social relationships and networks.
Detailed explanation-3: -Explanation: The formal organisation is concerned with the good design of positions and jobs with clear-cut relationships and functions as recommended by the top-level management. This kind of association is built by the management to understand the goals of a business and is limited by rules, frameworks, and systems.
Detailed explanation-4: -In a formal organizational structure, the management and divisions within a company are typically written and explained so all employees understand how things work. This documentation may take the form of an organizational chart that visually depicts how each level of management works to prevent misunderstandings.