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A formal business meeting typically follows a structured agenda, involves a set group of participants, and often adheres to specific protocols or procedures, such as minutes taking and official documentation. In contrast, an informal business meeting is more casual, may occur spontaneously, and allows for open discussion without strict agendas or formalities. The tone in informal meetings is generally more relaxed, fostering creativity and collaboration. Both types serve different purposes but contribute to effective communication within an organization.

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