The Cognitive Pillar That Supports Informal Institutions Does So Through

question 48

Multiple Choice

The cognitive pillar that supports informal institutions does so through:

• A)​The way in which values and norms of the relevant players influence firm behavior.
• B)​The taken-for-granted values and beliefs that guide individual and firm behavior.
• C) ​The way in which laws and regulations influence firm behavior.
• D) ​Formal institutions.

---

Definitions:

Material

A substance from which a thing is made or can be made, often used in the context of physical properties and applications.

Density

A measure of mass per unit of volume; the amount of matter contained within a given volume.

Volume

The capacity of space an entity or material possesses.

Mass

A physical property indicating the amount of matter in an object, typically measured in kilograms or grams.