MGT/316T | Managing With a Global Mindset
MGT/316T Managing With a Global Mindset
Key Terms & Flashcards
Organized from original student notes for study and review.
Independent Student-Created Study Material
, MGT/316T | Managing With a Global Mindset
How to Use This Guide
Cover the definition column and try to define each term from memory. Then reveal the definition to
check your answer. Terms are grouped by topic for faster review.
Decision-Making & Leadership
Front: Term Back: Definition
Vroom-Yetton Model Framework that helps leaders determine the
appropriate level of involvement of others in
decision-making.
Overconfidence Trap Overestimating one's abilities in a way that can
hide risks and hazards.
Adaptive Decision-Making Style A flexible decision-making style responsive to
changing situations.
Anchoring Initial information heavily influences later
decisions, even when it is unreasonable or
biased.
Autocratic Decision-Making Style A centralized style in which the manager or
leader makes the decision alone.
Availability Trap Making choices based on information that is
easiest to access or remember.
Bounded Rationality Model Seeking a satisficing solution under constraints
of knowledge, time, and cognitive capacity.
Confirmation Bias Seeking information that supports existing
beliefs while ignoring contradictory evidence.
Consultative Decision-Making Style Leader seeks input from others but retains final
decision authority.
Delegative Decision-Making Style Leader shifts decision authority to team
members.
Democratic Decision-Making Style Collaborative and inclusive decision-making.
Groupthink Conforming to majority opinion to maintain
harmony.
Intuitive Decision-Making Decisions based on experience and instincts.
Political Decision-Making Model Decisions influenced by power and interests.
Rational Decision-Making Model A structured problem-solving process.
Sunk Cost Trap Justifying past decisions instead of focusing on
future outcomes.
Cultural Intelligence & Global HR
Front: Term Back: Definition
Expatriate Employee assigned by a company to live in a
country other than their country of citizenship.
Motivational CQ Value placed on cross-cultural interactions and
belief in one's ability to function effectively.
Independent Student-Created Study Material
MGT/316T Managing With a Global Mindset
Key Terms & Flashcards
Organized from original student notes for study and review.
Independent Student-Created Study Material
, MGT/316T | Managing With a Global Mindset
How to Use This Guide
Cover the definition column and try to define each term from memory. Then reveal the definition to
check your answer. Terms are grouped by topic for faster review.
Decision-Making & Leadership
Front: Term Back: Definition
Vroom-Yetton Model Framework that helps leaders determine the
appropriate level of involvement of others in
decision-making.
Overconfidence Trap Overestimating one's abilities in a way that can
hide risks and hazards.
Adaptive Decision-Making Style A flexible decision-making style responsive to
changing situations.
Anchoring Initial information heavily influences later
decisions, even when it is unreasonable or
biased.
Autocratic Decision-Making Style A centralized style in which the manager or
leader makes the decision alone.
Availability Trap Making choices based on information that is
easiest to access or remember.
Bounded Rationality Model Seeking a satisficing solution under constraints
of knowledge, time, and cognitive capacity.
Confirmation Bias Seeking information that supports existing
beliefs while ignoring contradictory evidence.
Consultative Decision-Making Style Leader seeks input from others but retains final
decision authority.
Delegative Decision-Making Style Leader shifts decision authority to team
members.
Democratic Decision-Making Style Collaborative and inclusive decision-making.
Groupthink Conforming to majority opinion to maintain
harmony.
Intuitive Decision-Making Decisions based on experience and instincts.
Political Decision-Making Model Decisions influenced by power and interests.
Rational Decision-Making Model A structured problem-solving process.
Sunk Cost Trap Justifying past decisions instead of focusing on
future outcomes.
Cultural Intelligence & Global HR
Front: Term Back: Definition
Expatriate Employee assigned by a company to live in a
country other than their country of citizenship.
Motivational CQ Value placed on cross-cultural interactions and
belief in one's ability to function effectively.
Independent Student-Created Study Material
