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Which of the following statements is true?
Japan
An island country located in East Asia, known for its rich culture, technological advancements, and economic power.
Gain-Sharing Programs
Compensation programs where employees receive benefits from the company's cost-saving measures or productivity increases.
Profit-Sharing Programs
A company policy where employees receive a share of the company's profits, usually in addition to their standard salaries, as a form of incentive.
Skill-Based Pay
A compensation system where employees are paid based on their skills, competencies, or acquired certifications, rather than their job title or position.
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