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. The term, âsocial institutionâ is somewhat unclear both in ordinary language and in the philosophical literature (see below). However, contemporary sociology is somewhat more consistent in its use of the term. Typically, contemporary sociologists use the term to refer to complex social forms that reproduce themselves such as governments, the family, human languages, universities, hospitals, business corporations, and legal systems.