Which theory of institutional change best fits institution

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1. Please explain an example of a system that is an institution, and defend that characterization through reference to at least 4 attributes of an institution.

2. Which theory of institutional change best fits the institution you described earlier? Why is that theory more appropriate than the others to describe changes to that institution over time?

3. In order to achieve better international sales (which currently account for about 30 percent of total revenues), the U.S.-based toy manufacturer Mattel decided to put U.S. division heads in charge of international sales. Discuss the pros and cons of such a move in general and for a firm in the toy industry in particular.

Reference no: EM132307677

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