Which of the following is an advantage of specifying by company-developed specification? a. the cost of establishing specifications is low b. it is always possible to draw up specifications for any product c. unless a performance specification is used, the buyer takes responsibility for performance d. all of the above are advantages e. none of the above is an advantage.

Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them.it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies.while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process.all of these.

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Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.