Question
Explain the concept of informal organisation.

Answer

An informal organisation originates from within the formal organisation to meet the cultural and social needs of members of the organisation. When several individuals work together for achieving certain organisational goals, they come to know each other's cultural interests and needs. They associate informally to fulfil such interests and needs. The network of these social groups based on friendship is called an informal organisation. The informal organisation is, thus, a system of social relationships among the members. It emerges on its own in a natural manner within the formal organisation.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

What information is generally placed on the package of a food product. Design a label for one of the ford product of your choice.
Ramnath Ltd. is dealing in import of organic food items in bulk. The company sells the items in smaller quantities in attractive packages. Performance of the company has been up to the expectations in the past. Keeping up with the latest packaging technology, the company decided to upgrade its machinery. For this, the Finance Manager of the company, Mr. Vikrant Dhull, estimated the amount of funds required and the timings. This will help the company in linking the investment and the financing decisions on a continuous basis.
Therefore, Mr. Vikrant Dhull began with the preparation of a sales forecast for the next four years. He also collected the relevant data about the profit estimates in the coming years. By doing this, he wanted to be sure about the availability of funds from the internal sources. For the remaining funds he is trying to find out alternative sources.
Identify the financial concept discussed in the above paragraph. Also, state any two points of importance of the financial concept, so identified.
Explain the importance of interview in the selection process.
Manav Computers Ltd. is a leading company in Computer Technology and IT services. The CEO of the company attributes the success of the Company to its managerial team spirit, which have helped to handle rapid changes in technologies and to transform threats into opportunities. Like any other business enterprise profits are important for survival and growth of Manav Computers Ltd. The management of the company believes that a satisfied employee creates a satisfied customer, who in turn creates profits that leads to satisfied shareholders.
The company has a strong sense of social responsibility. It has set up many educational institutions in the field of management, engineering and computer education in which half of the students are girls.
Identify and explain the objectives of the company discussed in the above para. Also quote the lines for the identified objectives.
'Packaging has acquired great significance in the marketing of goods.' In the light of this statement state any three functions of packaging.
From the following information regarding Aditya Ltd. which is in the business of manufacturing green tea, calculate the Return on Investment and Interest Coverage Ratio of the company: $($Show working$)$
Earning before interest and tax
$₹ 15,00,000$
$10\%$ debentures
$₹ 12,00,000$
Equity Share Capital $(₹10$ each$)$
$₹ 18,00,000$
Tax Rate
$40\%$
The directors of a company want to modernise its plant and machinery by making a public issue of shares. They wish to approach stock exchange, while the finance manager prefers to approach a consultant for a new public issue of shares.
Advise the directors whether to approach stock exchange or a consultant for new public issue of shares and why? Also advise about the different methods which the company may adopt for the new public issue of shares.
Distinguish between ‘monetary’ and ‘non-monetary’ incentives.
‘If anything goes wrong with the performance of key activities, the entire organization suffers. Therefore, the organization should focus on them’. Explain the statement with a suitable example.
Explain the following as features of Planning:
Planning is futuristic.