Economics · Business Management
The term 'informal organization' refers to which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A company that operates entirely on a casual basis without any formal incorporation procedures.
- 2A specialized cross-functional project team that operates strictly outside of a company's office premises.
- 3A network of social relationships and communication channels based on common interests and friendships.✓
- 4An organization with a completely flat hierarchy and no official rules or leadership.
Correct answer
A network of social relationships and communication channels based on common interests and friendships.
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