Which of the Following Is a Characteristic of an Informal

question 58

Multiple Choice

Which of the following is a characteristic of an informal organization?

• A) It always exists within the formal structure of a business.
• B) It is present only within a line organization.
• C) It is present only within a line-and-staff organization.
• D) It stifles creativity and reduces initiative.

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Definitions:

Annual Profit

The total earnings or surplus of an organization, company, or individual after all expenses and costs are deducted from total revenues over one year.

Strategy Cooperation

A cooperative approach in strategic decision-making where entities align their strategies for mutual benefit.

Payoffs

Payoffs refer to the outcomes or potential returns from making a particular decision or investment in various contexts, including economics, game theory, and finance.

Annual Profits

The total income a company generates in one fiscal year after all expenses and taxes have been subtracted from its total revenue.