What is an overview that describes a company's overall functions and future direction called?

The concept that best describes a company's overall functions and future direction is a strategic plan. A strategic plan outlines an organization's goals, the strategies to achieve them, and the actions necessary to implement those strategies. It provides a long-term vision and direction for the company, identifying its mission, values, objectives, and the key initiatives that will drive growth and success.

A business model explains how a company creates, delivers, and captures value but may not encompass the broader vision or future direction of the organization. A company report typically focuses on past performance and financial results, often providing insights into specific periods rather than an overarching strategy. A business profile offers a summary of a company's activities and characteristics but lacks the comprehensive focus on future goals and strategic initiatives that is key to a strategic plan.

In essence, a strategic plan is a roadmap for the future that aligns the organization’s resources and actions with its vision and objectives, setting it apart from the other options.