The acronym P-O-L-C is the framework that managers use to understand and communicate the relationship between:
A)corporate strategy and business strategy.
B)threats and opportunities.
C)strategy formulation and strategy implementation.
D)the vision statement and mission statement.
E)offshoring and international outsourcing.

Question

Quizplus · Accepted Answer

P-O-L-C stands for Planning, Organizing, Leading, and Controlling, which are the four functions of management. This framework helps managers in both strategy formulation (planning and organizing) and strategy implementation (leading and controlling).

The Acronym P-O-L-C Is the Framework That Managers Use to Understand