Quiz Summary Average score High score Low score Standard deviation Average time 56% 0% 90% 10% 0% 20% Section Filter 1.77 30% 40% 50% 60% 70% 80% 90% Question Breakdown ttempts: 170 out of 170 Mintzberg’s coordination mechanisms were explained in class. What subunit (element) of the organization is dominant in the tandardization of work’ type of organization? 2 respondents 1% op management 8 respondents 5% Operational core 16 respondents 9% Support staff 85% answered correctly Technostructure 144 respondents 85 % ttempts: 170 out of 170 What is the perspective on internationalization in the so-called Uppsala model? Firms bring practices from their home economy (here: Sweden) to their foreign subunits, for instance IKEA uses Swedish sounding product names. As a result, consumers recognize the firm as Swedish and expect characteristics associated with Sweden to be reflected in subunits abroad. 8 5 respondents % Firms overlook small cultural differences when setting up a business in a culturally near country. As a result, performance of subunits in moderately culturally distant host economies is generally higher than performance of units in very distant or very near host economies. 5 8 respondents % Firms locate in increasingly culturally distant host economies over time. Initially, they start operations in culturally similar countries, and as they gain experience more culturally distant countries are penetrated. 84 143 respondents % Firms gain experience in integrating culturally distant subunits into their home operations. Over time, integration of subunits into the firm increases as a result. 6 11 respondents % 4% answered correctly ttempts: 170 out of 170 What is correct for the findings in the meta-analysis performed by Beugelsdijk et al. (2018), the article relevant for this module? Cultural distance is related to the entry mode ‘wholly-owned subsidiary’. The effect was initially negative, but turned positive in recent decades. All answers are correct A statistically significant effect of cultural distance on degree of ownership was not found. 10 respondents 6% 132 78 respondents % 17 10 respondents % 100% There is a negative effect of cultural distance on acquisitions as establishment mode. The effect is mainly relevant for the individualism-collectivism cultural dimension 11 respondents 6% 8% answered correctly ttempts: 169 out of 170 Which performance indicator was positively associated with cultural distance in Beugelsdijk et al.’s (2018) meta-analysis of the effect of ultural distance on internationalization decisions? 123 respondents 72 % Innovation he sign of the effect does not depend on the performance indicator 11 respondents 6% Market performance 32 respondents 19 % Accounting performance 3 respondents 2% No Answer 1 respondent 1% 2% answered correctly ttempts: 168 out of 170 What is meant by a greenfield investment An investment in a host economy by a firm which has limited knowledge about the local conditions in the host economy (experimentation). A subunit started in a host economy in which the multinational already has another subunit. 13 8% respondents 6 respondents 4% 141 83 respondents % A subunit that started out as a joint venture but which (with further investment) is now continued without a local partner 8 respondents 5% No Answer 2 respondents 1% Starting a subunit in a host economy without a local partner 3% answered correctly ttempts: 168 out of 170 upta et al. (2020) introduce a categorization of stakeholder engagement strategies. What is meant by a minimalist stakeholder ngagement strategy? Firms do not engage with stakeholders beyond what is legally required 156 92 respondents % Firms only engage with stakeholders whose interests are weakly protected by law 2 respondents 1 % Firms only engage with employees when unions are strong 3 respondents 2 % Multinational enterprises adopt a single strategy across the countries they are active in. This strategy meets but does not necessarily exceed the expectations in all host 7 respondents 4 % economies. No Answer 2 respondents 1 % 2% answered correctly ttempts: 165 out of 170 What is true about complementary stakeholder engagement strategies according to Gupta et al. (2020)? These strategies are… related to high performance for multinational enterprises 12 respondents 7% related to high performance in institutional context with strong capital rights 18 respondents 11 % elated to high performance in institutional context with strong capital and labor rights 130 respondents 76 % unrelated to high firm performance 5 respondents 3% No Answer 5 respondents 3% % answered correctly ttempts: 162 out of 170 ccording to Gupta et al. (2020) firm-level variables are relevant when matching a stakeholder engagement strategy to the national stitutional context. Why is ownership concentration important, according to their theory? Firms with concentrated ownership need to make sure they are profitable since minority owners can easily sell their shares when they are dissatisfied with the performance of the firm 14 respondents 8% irms that need to attract minority shareholders ought to engage with shareholder (capital) 21 36 respondents % institutions more than firms who do not require minority shareholder Firms whose owners scrutinize the firm ought to be extra careful and hence engage with shareholders more than the minimum required When capital markets are well protected (strong rights), shareholders will be more vocal. Ownership concentration is a signal for the firm that the market is characterized by strong shareholder rights. 36 61 respondents % 30 51 respondents % 8 No Answer respondents 5% 1% answered correctly ttempts: 160 out of 170 Which description fits the substitutionary engagement strategy called ‘multinationals, employees first’ by Gupta et al. (2020)? ngagement focused on employees in countries with strong capital institutions 58 respondents 34 % Engagement focused on capital in countries with weak labor institutions 10 respondents 6 % Engagement focused on employees in countries with weak capital institutions 82 respondents 48 % Engagement focused on capital in countries with strong labor institutions 10 respondents 6 % No Answer 10 respondents 6 % 4% answered correctly ttempts: 158 out of 170 upta et al. (2020) first derive a set of configurations of firm-level, institutional-level and stakeholder strategies for all firms in their sample nd in subsequent analyses rerun the analyses for subsets of countries. One subsample includes firms in countries with strong labor and eak capital institutions (including Austria, Belgium, Denmark and the Netherlands). What is correct about the findings for this specific ubset? Because of the weak capital institutions, firms in these countries have poor economic performance as compared to the other subsets. The findings are replicated by and large. These countries show minimalist and substitutionary engagement strategies, but not the encompassing stakeholder engagement strategy that was found in the full sample. Hardly any effect found for the full sample is also present in this group. For these countries, the model seems not to work well. No Answer % answered correctly Report has never been generated. Report has never been generated. 4 respondents 2 % 20 12 respondents % 118 69 respondents % 16 respondents 12 respondents 9 % 7%