What is asset specificity? How should asset specificity affect make-or-buy decisions? Give one example of something with high asset specificity and explain your choice.

DISCUSSION QUESTION

1. What is asset specificity?
2. How should asset specificity affect make-or-buy decisions?
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).