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.
As structures and mechanisms of social order, institutions are one of the principal objects of study in the social sciences, such as political science, anthropology, economics, and sociology (the latter being described by David Durkheim as the science of institutions, their genesis and their functioning). Religion and religious institutions-see sociology of religion; civil religion. 2  Educational institutions-schools (preschool, primary/elementary, secondary, and post-secondary/higher-see Sociology of education).