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Informal trading bypasses the bid process which often results in the best prices and terms. Formal trading paractices are required by most companies as they insure an ethical situation and the best deal.
Wiki User
∙ 10y ago
Wiki User
∙ 11y agoaye.
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What are the disadvantages of informal communication network?
no one knows for sure!
What are the relative advantages and disadvantages of formal and informal communication networks?
disadvantage formal communicative network
What are the advantages and disadvantages of an Informal group?
what are the disadvantages of informal group
Advantages and disadvantages of formal and informal organization?
What are the advantages and disadvantages of informal organisation
Informal communication in business?
Informal communication is communication that isn't sanctioned by managers. Gossip and rumors about the direction of the company is considered informal.
Formal and informal communication in health care setting?
what is formal and informal communication
Why is formal communication effective?
becuase formal communication is more important then informal, becuase your communication will be received, but when your informal communication may received or not.
Why is effective communication effective?
becuase formal communication is more important then informal, becuase your communication will be received, but when your informal communication may received or not.
Informal communication is the preferred method for communication resources needs?
true or false?Informal communication is the preferred method for communicating resource needs
What are advantages and disadvantages of feedback in business communication?
disadvantages of feedback in communication
How do you define informal communication?
Informal communication refers to the communication used in your personal life. It can also refer to text messaging and e-mails within an organization.
Why is formal and informal communication vital to the organization?
Formal and informal communication serve different roles. Formal communication takes longer to develop and is often used to document procedures, requirements, and policies. Informal communication smoothes the day-to-day running of the organization.
