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Institutional Knowledge Quiz

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Questions and Answers

What is a characteristic of institutions based on the text?

They satisfy specific needs of the society

They only satisfy basic needs of individuals

They satisfy basic and specific needs of individuals (correct)

They satisfy general needs of individuals

What is the structure of institutions as mentioned in the text?

Dependent on individual preferences

Constantly changing

Traditionally hierarchical (correct)

Always flat and non-hierarchical

How do institutions finance their operations according to the text?

To exert dominance over other institutions

To maintain a non-hierarchical structure

To accumulate wealth for members

To achieve objectives (correct)

What do institutions impose on members and non-members based on the text?

<p>Sanctions</p> Signup and view all the answers

How are institutions created and evolved according to the text?

<p>By people and with an emerging society</p> Signup and view all the answers

Institutional Knowledge Quiz

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Questions and Answers

What is a characteristic of institutions based on the text?

What is the structure of institutions as mentioned in the text?

How do institutions finance their operations according to the text?

What do institutions impose on members and non-members based on the text?

How are institutions created and evolved according to the text?

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