Which of the Following Statements Is Least True Regarding Institutions

question 3

Multiple Choice

Which of the following statements is least true regarding institutions?

• A)Institutions can involve formal regulation of firms by governmental agencies
• B)Institutions can involve formal regulation of firms by nongovernmental regulatory organizations
• C)Institutions can be less formal and involve ongoing power/dependence relationships between firms
• D)Institutional arrangements may embody general patterns of values,beliefs,ad behavioral norms that motivate and stabilize affected firms
• E)None of the above

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Definitions:

Norms

Established standards of behavior maintained by a society that are considered acceptable and expected among its members.

Cultural Symbols

Objects, figures, or colors that represent specific ideas or concepts within a culture.

National Anthem

A National Anthem is a patriotic musical composition that symbolizes and expresses the history, traditions, and struggles of a country's people.

Teddy Bears

Plush toys resembling bears, often used as comfort objects by children and sometimes collected by adults, symbolizing love and security.