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Most organizations possess some formal organizational chart showing the established lines of authority and the division of labour. Generally, formal processes of communication are designed to flow along the lines of authority. Briefly describe the organizational chart in your present company, especially noting how communication is "supposed" to work (If you are not currently part of an organization, describe an organization that you used to be part of or one of which you have knowledge.). Is the formal communication chain effective? Explain why or why not. What other communication networks exist in your organization? How does communication "get done" or occur in your organization?
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At what rate of interest, compounded annually, will an investment triple itself in (a) 8 years ? (b) 10 years? (c) 12 years?
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