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Stock Ownership Plan
A program that enables employees to buy or receive shares in the company they work for, often at a discounted price or as a part of their compensation package.
Profit Sharing Plan
A company program that gives employees a share in the profits, incentivizing performance and aligning their interests with the company's success.
Job Specialization
The process of focusing one's occupational concentration on a specific area of expertise, improving efficiency and proficiency.
Task Specialization
The process of focusing individual or group efforts on a narrowly defined aspect of a job to increase efficiency and expertise.
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