CUET Business StudiesBusiness Studies > Medium(A), (B) and (D) only(A), (B) and (C) only(A), (B), (C) and (D)(B), (C) and (D) only✅ Correct Option: 1Related questions:29 May Shift 2"Formal organization is a system of consciously coordinated activities of two or more persons toward a common objective". This definition of formal organization is given by:24 May Shift 1Which of the following is the importance of delegation? (A) High morale of subordinates (B) Develops initiatives among employees (C) Promotes centralisation (D) Dilutes span of management Choose the correct answer from the options given below:14 May Shift 2Which of the following is NOT an advantage of formal organization? Fixation of Responsibility Clarity of Roles Unity of Command Speed