What do strategic plans document?

Strategic plans are comprehensive documents that outline an organization's long-term direction and objectives, detailing the decisions that guide the pursuit of those goals. They focus on the overarching strategies that an organization will employ to achieve its mission and vision. This includes determining specific goals, formulating strategies to reach those goals, allocating necessary resources—such as finances, personnel, and time—and outlining the actions required to implement the strategies.

In contrast, daily operational activities focus on short-term tasks that are essential for the ongoing functioning of a business, which does not encompass the broader and more long-term perspective of a strategic plan. Long-term employee satisfaction, while important, is just one aspect of employee engagement and does not capture the comprehensive decision-making and planning involved in strategic initiatives. Consumer feedback on products relates to market conditions and requires ongoing adjustment but does not constitute the formalized strategy that a strategic plan sets forth. Thus, option C accurately encapsulates the essence of what strategic plans document.