Business policy and strategy?

1. (200 words) Strategy formulation focuses on effectiveness, whereas strategy implementation focuses on efficiency. Which is more important—effectiveness or efficiency? Give an example of each concept, and explain your answer. 

2. (200 words) Define and give an example of business analytics. Why is this technique becoming so widely used in organizations today?
 

3. (200 words) Do you agree with privacy advocates who contend that Facebook should provide ways for users to opt out of the mobile ad targeting? Why, or why not?

4. (200 words)   Briefly explain seven of the guidelines to follow in developing an organizational chart.