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Difference between Managing director and manager?
In a company ,there r different departments.Each department is headed by one manager.To co ordinate n supervise the work of the departmental / functional managers a general manager post is usually created.The general manager is a manager .He is not a director.The managing director is the chief executive officer of the company .He looks after the day to day management of the business.He is one of the directors of the company n above the general manager.The general manager directly reports to the managing director n the managing director to the board of directors.Source(s):Business management,chapter span of management.
Can a company appoint managing director and manager simultaneously?
Information provided by Legalpund = Can a Company appoint a Managing Director and a Manager at the same time? = No company can appoint or employ, at the same time, or, continue the appointment or, employment at the same time, of a Managing Director, as well as a Manager. But, there is no legal prohibition against having a Whole Time Director and Manager, simultaneously, or, Managing Director and whole-time Director, simultaneously. Again, there is no prohibition on a company having more than one Managing Director. This section applies to all companies, public and private. As per provisions of this section a company cannot apply both managing director and manager at the same time. The term " managing director" and "manager" has been defined in section 2(26) and 2(24) respectively. "managing director is a director who is entrusted with "substantial" powers of management which would not otherwise be exercisable by him. From the definition of managing director it appears that the company may entrust "substantial" power of management to one or more directors and therefore a company may have more than one managing director.Further the expression MANAGING DIRECTOR shall also include a director occupying the position of managing director, by whatever name called.For instance, President, CEO , chief operating officer, etc. in the case of MNCs shall be considered as the MANAGING DIRECTOR for the purpose of COMPANIES ACT, although they are not designated as such.
What is the difference between proprietor and general manager?
Difference between propriter &manager
What is the difference between store manager and general manager?
he is the Safeway store manager
Is there a Managing director or a general manager in a bank?
yes, definaltely some of the banker is involved in this fraud, because they issued an authority letter to release the goods from custom (air) department but did not send the payment to us (exporter).
