Give one example of something with high asset specificity and explain your choice.How are outsourcing and offshoring decisions related?

TASK

1. What is asset specificity?
2. How should asset specificity affects make-or-buy decision?
3. Give one example of something with high asset specificity and explain your choice.
4. How are outsourcing and offshoring decisions related?
5. Give one example of a policy that can make a location more attractive (as a place to source from).