Trades from $3. Shares of TRW Automotive Holdings Corp. decreased 0.1% to $102.95 on Sep 16, after the company announced that it will be acquired by ZF Friedrichshafen AG. The latter will invest $13.5 billion to buy all outstanding shares of TRW at $105.60 per share.
A social institution consists of a group of people who have come together for a common purpose. These institutions are a part of the social order of society and they govern behavior and expectations of individuals. Examples of Community. Community - a group of people in the same area and under the same government.
1. Social institutions have some definite objectives.-multiple functions to meet goals and fulfill primary needs 2. They have definite procedures which are based on customs and tradition.-institutional procedures are hierarchical and are value-laden. 3. Social institutions depend upon the collective activities of people.-ideals are accepted by a majority within the society. 4. They are interdependent within a society.-no institution can exist by itself. 5.