What is the difference between an institution and an organization?
A) An institution is a formal or informal group that has defined and accepted roles, positions, and responsibilities; an organization is a governing body through which social order and basic societal needs are met.
B) An organization is a formal or informal group that has defined and accepted roles, positions, and responsibilities; an institution is a governing body through which social order and basic societal needs are met.
C) An organization sets the rules in a society; the institutions abide by those rules.
D) Institutions and their members work in an organizational framework while trying to influence the framework to achieve a greater advantage.
Correct Answer:
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