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.
The term institution is commonly applied to customs and behavior patterns important to a society, as well as to particular formal organizations of the government and public services. 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).