Create Policy from Template
In 2019, Microsoft designed some security templates to be used on various types of workstations, which you can read about at the following link: https://www.microsoft.com/security/blog/2019/04/11/introducing-the-security-configuration-framework-a-prioritized-guide-to-hardening-windows-10/.
If you want to quickly implement these templates, you can use the Create Policy from Template action.
Once selected, all the policies from that level are implemented, but are changeable.
Once saved, the policy is like any other XML data file.