J curve is the tendency for the balance of payments to deteriorate immediately after a currency depreciation due to more expensive imports before starting to progressively improve. JIT
(just in time) Aspects of JIT: Characteristics of JIT (Martin Cocker): 1) the elimination of waste, 2) a move towards zero inventory, 3) an emphasis on perfect quality, 4) stable production rates, 5) increased people responsibility, 6) short set-ups, 7) moving towards a batch size of one, 8) prevention maintenance, 9) balanced capacity. Job advertisement (details): 1. Rewards: 1.1 The salary or wage benefits, 1.2 Training; 2. The job: 2.1 Title, 2.2 Main duties and responsibility, 2.3 Special factors; 3. Career prospects, 4. Qualification and experience required/preferred, other aptitudes; 5. How to apply/address. Job information requirements: 1) Concise, 2) Attractive, 3) Relevant. Methods and media for advertising jobs: 1) In-house magazines and notice-boards, 2) Professional and specialist newspaper or magazines, 3) National newspapers, 4) Local radio, television and cinema. 5) Job centers, 6) School and university careers offices, 7) Internet, 8) Employment agencies (including private), recruitment consultants. Job description is a broad statement of the purpose, scope, duties, tasks, objectives, standards and responsibilities of a job. Structure: 1) Title, 2) Location (department, place), 3) Assignment, 4) Main duties of the job, 5) Responsibilities, 6) Limits, 7) Tasks to be accomplished, 8) Qualification requirement, 9) Interactions, 10) Report to, 11) Equipment for which the job holder is responsible. Job enlargement is attempt to widen jobs by increasing the number of operations in which a job holder is involved. Job enrichment is planned, desirable action to build greater responsibility, breadth, and challenge of work into a job: (i) giving it greater activity, (ii) allowing the employee in the job greater freedom to decide how the job should be done, (iii) encouraging employees to participate in the planning decisions of their superiors, and (iv) ensuring that employee receives regular feedback on his performance. Job management taking the manager is equipped for the job, and that the job itself conductive to effectiveness. Job satisfaction (improving): 1) Increasing the variety of skills required, 2) Clarifying the identity and significance of the task, 3) Allow people to work independently and, 4) Giving positive feedback. Herzberg points for job satisfaction.: 1) Job enrichment, 2) Job enlargement, 3) Job rotation. Job specification
Joint ownership See Market entry methods. Joint venture see Market entry methods. Just noticeable difference the phenomenon of the differential threshold - the level of stimulus which is perceived as being changed. |