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

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

Correct Answer: formal organization

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.
Bissoy MCQ
#Management #Business Management

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