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Company Management - Differences betweeen Manager Vs Director | 12th Commerce : Chapter 27 : Company Law and Secretarial Practice : Company Management

Chapter: 12th Commerce : Chapter 27 : Company Law and Secretarial Practice : Company Management

Differences betweeen Manager Vs Director

Differences betweeen Manager Vs Director

Differences betweeen Manager Vs Director:


 

MANAGER

Nature of work: A person who is in charge for the particular department of the Company and is responsible for the performance of that department is called as manager.

Nature of work: A manager allocates works to the Subordinate according to their nature of appointment and decided by whom the particular job has to be done and provide necessary guidelines regarding what to do, when to do and how to do.

Level of management: A manager comes under executive level i.e at the Middle-level management

Responsibility: Managers are responsible for implementation of plans and policies approved by the Board of Directors

 

DIRECTOR

Nature of work: A person appointed by the shareholders to lead the company to achieve its goal is known as Director

Nature of work: A director implements policies and provides fundamental guidelines to carry out a job to the concerned manager and direct them to work accordingly.

Level of management: Directors comes under Top-level management and play important role in Decision making.

Responsibility: Directors responsible for formulation of plans and policies time to time to achieve the goal of the company.

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