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BUSINESS DICTIONARY
The Letter J
Term | Definition | Knowledge Area | YouTube Video |
|---|---|---|---|
Job Analysis | Process of examining job components to inform HR decisions | HR | |
Job Board | Website or platform listing available jobs | Recruitment | |
Job Classification | Grouping jobs into categories based on responsibilities | HR | |
Job Description | Document outlining duties and responsibilities of a position | HR | |
Job Enlargement | Expanding the number of tasks in a job for variety | HR or Organizational Dev | |
Job Enrichment | Enhancing a job to increase motivation and satisfaction | HR or Leadership | |
Job Evaluation | Assessing the value of a job to determine appropriate pay | HR or Compensation | |
Job Market | Overall demand and supply for employment in the economy | Economics or HR | |
Job Offer | Proposal of employment terms extended to a candidate | HR | |
Job Posting | Advertisement for an open position in a company | HR or Recruitment | |
Job Rotation | Moving employees between tasks to increase versatility and reduce boredom | HR or Training | |
Job Satisfaction | Employee’s emotional response to their work experience | HR | |
Job Security | Stability and assurance of continued employment | HR | |
Job Shadowing | Observing someone on the job to learn by example | Training or HR | |
Job Sharing | Two people sharing responsibilities of a single full-time role | HR or Flexible Work | |
Job Specification | Document detailing qualifications and skills needed for a job | HR | |
Job Tenure | Length of time an employee has been with an organization | HR | |
Joint Account | Financial account shared between two or more individuals or entities | Banking or Finance | |
Joint Liability | Legal responsibility shared by two or more parties | Legal or Finance | |
Joint Marketing Agreement | Two brands collaborating on promotional efforts | Partnerships or Marketing | |
Joint Product Pricing | Pricing strategy when products are produced together | Economics or Pricing | |
Joint Stock Company | Company owned by shareholders with transferable shares | Corporate Structure | |
Joint and Several Liability | Legal rule where each party can be held fully liable for obligations | Legal or Finance | |
Judgment Call | Decision made based on intuition or experience rather than hard data | Management | |
Judicial Precedent | Past court decisions used as a reference for legal compliance in business | Legal | |
Judicial Review | Court's evaluation of the legality of business decisions or policies | Legal or Regulatory | |
Junk Bond | High-yield, high-risk bond below investment grade | Finance or Investment | |
Just Cause | Legitimate reason for disciplinary action or dismissal | Legal or HR | |
Just Compensation | Fair payment for loss, especially in legal/employment contexts | Legal | |
Just-In-Time (JIT) | Inventory strategy to reduce storage by receiving goods as needed | Operations or Inventory |
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