Examlex
Human-asset specificity is the form of an asset that a firm invests in to create the human capital with knowledge about the specific routines and procedures needed to support a firm's vertical integration strategy.These routines and procedures bring competitive value to the firm because:
Controlled Processes
These are cognitive activities that require active mental effort, attention, and are often executed with intention.
Automatic Processes
Cognitive activities that require little thought and can be performed without conscious effort or attention.
Rapid Eye Movement (REM)
A stage of sleep characterized by fast and random movement of the eyes, high brain activity, increased heart rate and breathing, and vivid dreams.
Non-REM Sleep
A period of sleep characterized by slower brain waves and the absence of rapid eye movements, involving various stages of depth.
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