The difference between financial objectives and strategic objectives is

a$)$ financial objectives need to be broken down into performance targets for each of the organization's separate businesses, product lines, functional departments, and individual work units, while strategic objectives are heeded only in those areas directly related to a company's short$-$term and long$-$term profitability.

b$)$ financial objectives determine the geographic and business scope of the company's operations while strategic objectives should be set in a manner that does not conflict with the performance targets of lower$-$level organizational units.

c$)$ financial objectives relate to the financial performance targets management has established for the organization to achieve, while strategic objectives relate to target outcomes that indicate a company is strengthening its market standing, competitive position, and future business prospects.