What is the difference between formal and informal groups and how do they impact organizational objectives?

provide short answer for the question below using new reference (no more than five years)

What is the difference between formal and informal groups and how do they impact organizational objectives?

Decision theory

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Groups are created or formed for certain reason or fulfill a certain objective. In an organization, groups are also evident whether formed by the management to meet a certain goal or objective or formed by employees of the organization for fulfilling their social needs (Scott & Davis, (2015). The most common or obvious reason for the formation of groups is the urge of people to make their own circle and have an avenue of interacting freely, working as a team and accomplishing certain tasks given to them. Groups…

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