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An institution and an organization, though often used interchangeably, differ significantly in terms of structure, purpose, and functioning, especially in the context of participatory management. An institution is a stable, enduring system of norms, rules, and practices that governs social behavior and relationships. Its structure is more formalized, hierarchical, and bound ________ ______ ____ ________ ________ ___ _________ __________ _________ ______ _____ ________.
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