What does a strategic plan establish?

• A. Tactical project schedules
• B. Intended inputs, outputs, agreement across the organization
• C. Employee performance reviews
• D. Compliance with external regulations

Answer: (B)

A strategic plan sets the long‑term direction by defining what the organization intends to produce (outputs), what inputs are needed to achieve that, and how different parts of the organization will align to make it happen. It creates a common agreement on priorities, resource commitments, and performance expectations across functions, so everyone is working toward the same outcomes. It’s not about the tactical schedules used to run individual projects, which live in project plans; nor about employee performance reviews, which assess individuals; nor about meeting external regulations, which belong to compliance programs. The strategic plan thus anchors how the enterprise coordinates inputs and delivers outputs with broad buy‑in across the organization.