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Sveta_85 [38]
1 year ago
13

His concept of the ""informal organization"" suggests that cliques and other social groups can affect employee behavior. True or

false?.
Business
1 answer:
Nat2105 [25]1 year ago
4 0

Chester Barnard

In contrast to an informal organization, which serves the members' psychological and social requirements, a formal organization's objective is to achieve its organizational goal.

A collection of individuals who share a common identity and are dedicated to attaining a common goal is referred to as an informal organization. Informal groups are established by the collective identity and will of its members. Contrary to a formal structure, which is based on duties and responsibilities, an organization's operation is actually known as an informal organization.

Independent of their positions and hierarchies, employees connect or communicate with one another to form informal organizations. It operates side by side with a formal organization.

A Formal Organization Differs From An Informal Organization

A formal organization is purposefully produced by management, as opposed to an informal organization, which is created haphazardly by individuals.

While informal groups are unstable, formal organizations are long-lasting and stable.

To learn More about Informal organization from the given link.

brainly.com/question/5923201

#SPJ4

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Hope that helps.

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So you can retire early, you have decided to start saving $500 a month starting one month from now. You plan to retire as soon a
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It will take him 45 years

Explanation:

In this question, we are asked to calculate the number of years it would take to accumulate $1,000,000 if there is a plan to save $500 per month at an interest rate of 5%.

To solve this, we use the following mathematical formula:

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Where r is the monthly interest rate and n is the number of months it will take.

From the question, we can identify the following;

Since he earns 5% interest on savings, the actual monthly interest rate will be 5%/12 = 0.4167% = 0.004167

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8.334 = (1.004167)^n - 1

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9.334 = (1.004167)^n

To get n, we simply take the log on both sides of the equation

Log 9.334= nLog 1.004167

n = Log9.334/Log1.004167

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Question asks to calculate in years

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