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:
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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