Just-in-time production (JIT) is a MANAGEMENT philosophy that embraces eliminating all waste and continually upgrading and improving PRODUCTION processes. The basic concept of JIT is that materials and supplies are replenished exactly when they are needed rather than too early or too late, thus ensuring an efficient flow of production.

Just cause is the dismissal or termination of an employee with good reason. Just-cause dismissal (also referred to as sufficient cause) can be based on any of four reasons: unsatisfactory performance, lack of qualifications, changed requirements for the job, or misconduct.

The Jones Act (officially named the Merchant Marine Act of 1920) and related statutes require that vessels used to transport passengers and cargo between U.S. ports be owned by U.S. citizens, built in U.S. shipyards, and manned by crews of U.S. citizens. According to the wording of the act, its purpose �is to maintain reliable domestic shipping services and to ensure the existence of a domestic maritime industry available and subject to national control in time of need.�

A joint venture is the combined effort of two or more business entities for a limited purpose. Joint ventures are frequently established for coordinated research, international expansion, and specialized PRODUCTION. Creating a joint venture involves both legal and strategic MANAGEMENT implications.

Job satisfaction has to do with employees� attitudes towards and liking for their work. Measures of job satisfaction are often used to predict how long employees will continue working for a particular company, as well as their level of ORGANIZATIONAL COMMITMENT. Variables affecting job satisfaction typically include both organizational and personal factors.