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What is Distinguishing Organizations and Institutions about?

Organizations and institutions are often considered synonymous but they differ. An organization refers to a formally established entity composed of individuals working towards a shared goal, like a bank or corporation. An institution refers to structured social norms and practices that govern a community, like religion, family, culture, and property systems. Institutions shape how a society interacts with resources through their environmental views, knowledge systems, rules for access and conflict resolutio

Author

Gil Pendragon

Language

EN