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Question

XYZ is a company with 7 employees. The employees are given hourly wages and no gratuity benefits. XYZ will be classified as a/an organisation.

A
formal
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B
informal
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C
casual
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D
non-commercial
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Solution

The correct option is B informal
An informal organisation is an enterprise employing no more than 10 employees, where employees do not get social security and other benefits.

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