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.
Social institutions and its importance are not known by every one. But really what actually social institution is. Each society has its own social institutions. These are not buildings or places, but structures of relationship, obligation, role and function. These are social concepts and practices, but also involve cognitive structures.