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ORGANIZING — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMORGANIZING5 Marks
Question
What is a formal organization?
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Answer

Formal organization:
  • In order to achieve the predefined goals, the formal structure of relationship established among persons and work is called formal organization.
  • Linear organization and functional organization are types of formal organization.
  • In formal organization, necessary powers are given to enable the person to perform certain kind of responsibilities.
  • The organization also clarifies matters related to delegation of authority among superior officers.

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