Question
Differentiate between format and informal organization.

Answer

Basis of comparison Formal organization Informal organization
$1.$ Formation Formed systematically with proper guidelines Formed informally by members while working in the organization and interacting with each other
$2.$ Objective To fulfill business goals To satisfy social and psychological needs
$3.$ What is it? A systematic organization A group of like minded people
$4.$ Size Members of the entire organization Small sized on the basis of like mindedness of employees
$5.$ Nature Stable. Continues for a long time Unstable and keeps on changing
$6.$ Control mechanism Controlled through rules and regulations of the organization Controlled through values and beliefs of the associated people
$7.$ Focus on Work performance  
$8.$ Authority Members follow the authority as decided by the hierarchy of the organization Inter personal relationships All members have equal authority

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