An Informal Organization Is a Network of Personal Interactions and Relationships

question 116

True/False

An informal organization is a network of personal interactions and relationships among employees unrelated to the firm's formal authority structure.

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Definitions:

National Bank System

A network of banks chartered by the federal government in the United States, established to create a stable, national currency and improve the government's control over the economy.

Modern War

Warfare characterized by the use of current technology and tactics, involving nations or groups, and often including cyber warfare and advanced weapons systems.

Industrial Technology

The application of engineering and manufacturing technology to make production faster, simpler, and more efficient.