Regarding goals and objectives, which statement is most accurate?

Multiple Choice

Goal setting only applies to business firms; nonprofit organizations typically do not set goals because they don$$t earn a profit.

The terms goal and objective should not be used interchangeably. Goals are philosophical while objectives are performance$-$based.

Goals and objectives are actually the detailed day$-$to$-$day activities necessary to implement a marketing program.

A company$$s goals and objectives are often worthy in intent, but unrealistic in practice because they are very rarely accomplished during the specified time period.

Goals convert an organization$$s mission and business into long$-$ and short$-$term performance targets.