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Institutional Knowledge Quiz
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Institutional Knowledge Quiz

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@CongratulatoryOrangutan

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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

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