Explanation:
Benchmark is Structure to define the plan or ideas to achieve any specific task or to accomplish an organization's set of expectations for the business welfare or achieving success.
Benchmark is very useful in setting the long-term goal as it makes a set of instructions on how to proceed and achieve that goal.
Long-term goals can only be completed by the help of short-term goals because short term goals will take less time to complete hence gradually we can move towards the long-term goal by completing step by step.
Benchmark helps to define the set of instructions and expectations in the short-term goal as well.
