Identify the types of plans involved in managerial planning

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Prior to beginning work on this discussion forum, read Chapter 6 and Chapter 7 in the Bierman et al. (2022) Management: Principles and Applications (Attached)
The management planning process can be simple or complex. It is very important to differentiate between the two. Some plans can be formed within hours or days, while others may take weeks. Most plans will involve goals or objectives. All plans should be achievable with implementation start dates and completion dates.
In your initial post,
Identify the types of plans involved in managerial planning.
Discuss how plans are distinguished from one another.
Evaluate if plans with incremental objectives are more or less effective than those that contain stretch goals.
Analyze the role that ethics should play with strategic planning.
Support your post with outside resources.

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