Business Studies

Answer the following question in a sentence or a word.
Give the meaning of formal organisation.


SOLUTION
A formal organization is an organization with a fixed set of rules of intra-organization procedures and structures. As such, it is usually set out in writing, with a language of rules that ostensibly leave little discretion for interpretation. In some societies and in some organizations, such rules may be strictly followed; in others, they may be little more than an empty formalism.
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Subjective Medium Published on 18th 09, 2020
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