Oral Defense: Bachelor Thesis
Exam Question and Answer
Deliberation Bias - Correct Answer:
Confirmation Bias - Correct Answer:
Self-selection Bias - Correct Answer: researchers could subconsciously favor information that confirms
pre-existing hypotheses or beliefs
Looking Glass Self (Cooley) - Correct Answer: interviewees, conscious of being evaluated, might tailor
their responses more to reflect well on themselves rather than provide genuine insights - individuals'
self-perceptions are influenced by how they think others view them
Social Desirability Bias - Correct Answer: the tendency to respond to questions in a socially desirable
manner. During interviews with Demant employees, for example, there might have been an inclination
among interviewees to present themselves and their company in a favorable light, especially knowing
the interviews were being recorded and analyzed
Liability of foreignness - Correct Answer: costs that a firm that operates overseas incurs, that a local firm
would not incur (cost of travel, transportation
Geographical clustering - Correct Answer: Tendency for economic activities to agglomerate together in
specific geographical locations. It is based on the positive
'spillovers' created when activities in a particular place are connected with one another (think SV), either
directly (through specific transactions) or indirectly. Both are based on the idea that the 'whole' (the
cluster) is greater than the sum of the parts because of the benefits that spatial proximity provides.
What does a growing middle class mean for the country and the firm? - Correct Answer: It means that
labor availability will increase, and therefore there will be more opprtunities for available skilled labor -
which is important for the firm.
More people are able to consume, contributing to prosperity and GDP, they will contribute to growth.
Exam Question and Answer
Deliberation Bias - Correct Answer:
Confirmation Bias - Correct Answer:
Self-selection Bias - Correct Answer: researchers could subconsciously favor information that confirms
pre-existing hypotheses or beliefs
Looking Glass Self (Cooley) - Correct Answer: interviewees, conscious of being evaluated, might tailor
their responses more to reflect well on themselves rather than provide genuine insights - individuals'
self-perceptions are influenced by how they think others view them
Social Desirability Bias - Correct Answer: the tendency to respond to questions in a socially desirable
manner. During interviews with Demant employees, for example, there might have been an inclination
among interviewees to present themselves and their company in a favorable light, especially knowing
the interviews were being recorded and analyzed
Liability of foreignness - Correct Answer: costs that a firm that operates overseas incurs, that a local firm
would not incur (cost of travel, transportation
Geographical clustering - Correct Answer: Tendency for economic activities to agglomerate together in
specific geographical locations. It is based on the positive
'spillovers' created when activities in a particular place are connected with one another (think SV), either
directly (through specific transactions) or indirectly. Both are based on the idea that the 'whole' (the
cluster) is greater than the sum of the parts because of the benefits that spatial proximity provides.
What does a growing middle class mean for the country and the firm? - Correct Answer: It means that
labor availability will increase, and therefore there will be more opprtunities for available skilled labor -
which is important for the firm.
More people are able to consume, contributing to prosperity and GDP, they will contribute to growth.
