Strategy formulation involves, in order,
(1) creating a mission statement, (2) analyzing the organization and its environment, and (3) setting strategic goals.
(1) creating a mission statement, (2) setting strategic goals, and (3) analyzing the organization and its environment.
(1) setting strategic goals, (2) analyzing the organization and its environment, and (3) matching the organization and its environment.
(1) setting strategic goals, (2) analyzing the organization and its environment, and (3) creating a mission statement.
(1) analyzing the organization and its environment, (2) matching the organization and its environment, and (3) setting strategic goals.

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The Answer of Strategy formulation involves, in order,
(1) creating a mission statement, (2) analyzing the organization and its environment, and (3) setting strategic goals.
(1) creating a mission statement, (2) setting strategic goals, and (3) analyzing the organization and its environment.
(1) setting strategic goals, (2) analyzing the organization and its environment, and (3) matching the organization and its environment.
(1) setting strategic goals, (2) analyzing the organization and its environment, and (3) creating a mission statement.
(1) analyzing the organization and its environment, (2) matching the organization and its environment, and (3) setting strategic goals.

Strategy Formulation Involves, in Order