Strategy formulation is essentially the aim of the organizing,leading,and controlling components of the POLC framework.

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Strategy formulation is the process of developing a comprehensive and integrated plan or approach to achieve organizational goals and objectives. It involves analyzing internal and external factors, identifying strengths and weaknesses, identifying opportunities and threats, and developing strategies to maximize strengths and opportunities while minimizing weaknesses and threats. This process is a fundamental part of the POLC framework, which stands for Planning, Organizing, Leading, and Controlling.

Strategy Formulation Is Essentially the Aim of the Organizing,leading,and Controlling