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An economic institutions can shape its culture by first adopting an organization cultures to guide its affairs.

What is an organization cultures?

This refers to the collection of values & practices that is expected to guide the actions of all team members of a firm.

Hence, a typical economic institutions can shape its culture by first adopting an organization cultures to guide its affairs.

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Economic institutions can shape culture by first adopting an organization's culture.

What is an economic institution?

Economic institutions refer to the laws, common practices, and organizations in a society affecting the economy.

Economic institutions can shape culture by first adopting an organization's culture. These institutions are responsible for organizing the production, exchange, distribution, and consumption of goods and services.

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