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What is meant by 'Formal Organisation'? ...

What is meant by 'Formal Organisation'? State its any two advantages.

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When the managers are carrying on organising process then as a result of organising process an organisational structure is created to achieve systematic working and efficient utilization of resources. This type of structure is known as formal organisational structure.
Advantages:
1. Systematic Working:
Formal organisation structure results in systematic and smooth functioning of an organisation.
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