One of the significant differences between formal and informal institutions is how they gain compliance.

Answer the following statement true (T) or false (F)


True

Compliance is one of the major differentiators between formal and informal institutions (see Figure A.1).

Business

You might also like to view...

If we use language that has more than one interpretation, and it leaves both parties confused at the end of a conversation, we have just used ______ language?

Fill in the blank(s) with the appropriate word(s).

Business

What is the primary benefit of effective internal control in an organization?

a. Achievement of certain organizational goals. b. Completion of a successful audit for the entity. c. Shareholder involvement in the company's success. d. Obtaining profitability and financial strength.

Business

If it is not possible to increase capacity, then ______.

A. the master schedule needs to be revised B. marketing efforts need to be reduced C. prices have to be increased (so less product will be demanded) D. a new facility will have to be built to meet the demand

Business

An example of a push communications channel is

a. memos from top management b. posting metrics and analytics on company websites c. offering access to searchable information repositories d. e-mails to managers on metrics and analytics

Business