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Problem 1: Leaders within an organization can be formed in a variety of ways. Which of the following best describes the difference between formal and informal leaders?
a. Formal leaders may exert power, grant rewards and punishments, and possess expert knowledge, but informal leaders lack many or all of these abilities.
b. Formal leaders work for the good of the organization, but informal leaders have no such authority and work for the employees.
c. Formal leaders have authority within an organization to influence others to work towards the organization's objectives, but informal leaders usually have no such authority.
d. Formal leaders exert their influence in support of the organization, but informal leaders do not.
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