What are the advantages and disadvantages of 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.
formal is smart informal isn't smart
The formal sector typically offers job security, regulated wages, and benefits like health insurance and retirement plans, contributing to economic stability. However, it can be rigid and slow to adapt to market changes. In contrast, the informal sector provides flexibility and can quickly respond to demand, often allowing for entrepreneurial opportunities. Yet, it lacks job security, benefits, and legal protections, which can lead to worker exploitation and economic vulnerability.
Formal communication is controlled and situationally and verbally
Two disadvantages of the formal business sector include higher operational costs and regulatory compliance burdens. Businesses must adhere to strict regulations and standards, which can lead to increased expenses and administrative complexity. Additionally, formal businesses may face less flexibility in adapting to market changes compared to informal sectors, as they often have rigid structures and procedures. This can hinder innovation and responsiveness to consumer demands.
disadvntage of informal organization
disadvantage formal communicative network
what are the benifit of formal organization obtain form informal organization ?
difference between formal organization structure and informal organization structure.
Formal sources of credit have many disadvantages, as they are manages by banks and cooperatives and have no leeway. Informal sources of credit may be easier to repay, but the loan amounts will be smaller.
Organization as a system formal and informal organization
advantages and disadvantages of using a formal feedback system?
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.
what are the advantage and sisadvantage of formal organization
The different groups of organization are formal and informal. The formal organization is making goals by laying down a structure and informal organization is making goals based on feelings and emotions.
A formal organisational structure a formal structure exists where there is a recognizable chain of command and a formal communication software Informal Organisation Strucutre An informal organisational structure is more relaxed; networking and informal communications with members of staff
Formal refers to following established rules and regulations. Informal is more relaxed because the rules aren't really acknowledged. Businesses have both formal and informal groups.