Difference between Objectives, Goal & Target

1)    All three are statements.

2)    Objectives are open-ended system.  Are set CEO & his team

3)    Goals & Targets are closed ended system

4)    Goals are long term, while Targets are short term. Objectives are converted into goals by the respective Unit Heads. Goals are converted into targets by Department Heads.

5)    Goal is broken down into Targets