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Q: How health epidemics affect formal and informal businesses?
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What is difference between formal and informal barriers to trade?

formal is smart informal isn't smart


Advantages and disadvantages of formal and informal organization?

What are the advantages and disadvantages of informal organisation


Context of formal and informal communication?

Formal communication is controlled and situationally and verbally


What is informal source of credit?

most loans are taken by poor households in the urban areas are form informal sources ,whereas only one-tenth of the rich take their loans from informal sources.a similar pattern is also found in rural areas


What are the differences between informal group and informal organisation?

Difference between a group and an organization need to be sorted out first. An organization consists of two or more people expending systematic effort towards some common goals which produce goods or services. Whereas a group of people consists of two or more individuals coming together for pursuit of a common concern such as common interest or friendship. Informal organizations normally emerge within or against a formal organization and the members of the informal organization may be driven by a common goal that may compliment or work against the goals of the formal organization. An informal group is a group of people casually acquainted with each other for their own personal fulfillment because they have some common characteristics and concerns (interests/hobbies/friendship). The members of the 'grapevine' often found within a formal organization can also be called an informal group. Whilst it is easy to differentiate between a formal group and a formal organization, the differences between informal group and informal organization tend to be blurred.