Which organisation specifies the boundaries of authority and responsibility and there is a systematic coordination among the various activities to achieve organisational goals?

Formal organisation

The correct answer is option 4- Formal organisation.

Formal organisation refers to the organisation structure which is designed by the management to accomplish a particular task. It specifies clearly the boundaries of authority and responsibility and there is a systematic coordination among the various activities to achieve organisational goals. The structure in a formal organisation can be functional or divisional.