Concept:
Physical quantities are classified as scalar and vector quantities.
• Scalar quantities have only magnitude.
• Vector quantities have both magnitude and direction.
Examples of vector quantities include displacement, velocity, force, and acceleration.
Step 1: Recall the definition of vector quantity.
A vector quantity is completely described by:
\[
\text{Magnitude and Direction}
\]
Step 2: Identify the correct option.
Among the given choices, the correct characteristic of a vector quantity is:
\[
\text{Magnitude and direction}
\]
Hence, the correct answer is:
\[
\boxed{(C)\ \text{Magnitude and direction}}
\]