What is meant by 'Informal Organisation'? State any two advantages.
Informal Organisation: It is a network of social relationships that arise out of personal interaction among the employees of organization beyond their officially defined roles.
Advantages:
(1) It leads to faster spread of information as well towards a quick feedback.
(2) It fulfills the social needs of the members.
(3) It contributes towards fulfillment of organisational objectives by compensating for inadequacies in the formal organisation.