22.

A component of strategy implementation is:

		designing the best organization structure, culture, and control systems to put a strategy into action.
		providing the number and kind of periodic reports that must be submitted by functional-level managers.
		defining the goals and objectives of the organizations.
		answering the question, "What is our business?"
		eliminating the feedback loop.

23.

Efficiency is:

		defamed as the time it takes to produce a product.
		the quantity of inputs required to produce an output.
		independent of customers' perception of a product's value.
		measured by looking at a product's price.
		lower when the output is high-quality.

24.

Which of the following support activities in the value chain refers to the transmission of physical materials from procurement through production and into distribution?

		Human resources
		Information systems
		Research and Development
		Logistics/Materials Management/Supply Chain
		Operations