The word institution can refer to both a formal organization and a society's traditions and behavior patterns. The main distinction between institution and organization is that the former refers to both an abstract and a physical thing, whilst the latter only refers to a physical entity.
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The word institution can refer to both a formal organization and a society's traditions and behavior patterns. The main distinction between institution and organization is that the former refers to both an abstract and a physical thing, whilst the latter only refers to a physical entity.