The accurate information here is coming from rumors and the informal interaction of the employees which follows no chain of command for the flow of information. The Informal Communication is the casual and unofficial form of communication wherein the information is exchanged spontaneously between two or more persons without conforming the prescribed official rules, processes, system, formalities and chain of command. It is based on the personal or informal relations such as friends, peers, family, club members, etc. and thus is free from the organizational conventional rules and other formalities. In the business context, the informal communication is called as a “grapevine” as it is difficult to define the beginning and end of the communication. The informal communication is characterized by an indefinite channel of communication, which means there is no definite chain of command through which the information flows. Hence, the information can flow from anywhere. Often such communication arises out of the social relations that an individual creates with other persons on the basis of common interest, likings or disliking.
Which of the following is most likely a sign of a good corporate governance structure?
A.The chief executive position is separate from the chairp...
MNO Ltd got its bond rated by a credit rating agency. The rating given to the bond was lsquo;AA-lsquo;. What does this rating indicate?
Trade Payables are ₹50,000, Working Capital is ₹18,00,000, and Current Liabilities are ₹6,00,000. Calculate the Current Ratio.
Which of the following Statements about Government’s flagship scheme- DAY-NRLM is not True?
Consider the following statements about ‘India's infrastructure journey’:
1.India's infrastructure journey has been domestic in outlook and i...
A company fails to accrue wages for march that will be paid in April. The company’s year-end balance sheet liabilities:
Which of the following banks was established as a private sector bank in India?
1) Axis Bank
2) IDBI Bank
3) ...
Visvesvaraya PhD scheme has been initiated by the Government with an objective of enhancing the number of PhDs in the country to compete globally in th...
Which of the following statements about stock markets is/are correct?
1) Stock markets provide a platform for companies to raise funds t...
What is the CRAR ratio of scheduled commercial banks (SCBs) at end March 2024 according to the RBI Financial Stability Report?