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QUESTION 1
(a) Using suitable examples distinguish between formal and informal organization.
(b) Describe any two characteristics a formal Organisation.
(c) Illustrate any two functions served by an informal organization in organizational and communicational effectiveness. Supplement with examples.
QUESTION 2
No matter how brilliant you are, being a solo player is not an option in today's business world. In his book 'Tales of a New America', Robert Reich (1987) describes the importance of team work in an increasingly technological age.
(a) Distinguish between a group and a team.
(b) "Two heads are better than one". Discuss this statement with reference to that of Robert Reich.
QUESTION 3
Write short Notes on:
Discuss and give examples of what you believe is the most common form of business ownership in your hometown
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