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Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.
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Difference between a chairman and managing director?
Chairman is a head of a group of company's. but the Managing director is a head of a single organisation.
Difference between Managing Director and General Manager?
MD - Managing Director is often what the lead partner business. In US, the head of a partnership is usually called the "General Partner" or "General Manager
Whati s the difference between MD and Chairman?
MD is Managing Director and Chairman is a man in chair
What the difference between mission director and mission president?
mission director for NASA and mission president for ESA
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.
What is the difference between managing director and executive director?
A managing director supervises people. An executive director is involved in setting the strategy for the overall organization. They rank at the top in the organization.
Difference between a chairman and managing director?
Chairman is a head of a group of company's. but the Managing director is a head of a single organisation.
Difference between Managing Director and General Manager?
MD - Managing Director is often what the lead partner business. In US, the head of a partnership is usually called the "General Partner" or "General Manager
Whati s the difference between MD and Chairman?
MD is Managing Director and Chairman is a man in chair
Difference between chief executive officer and managing director?
Managing director: The managing director is the head of the whole management team and a member of the board of a company; in other words, the managing director is a CEO only, but also has his own shares in the company and is also present in the board meetings. In other words, a director of the board. Chief Executive Director: The CEO is the biggest corporate officer or in other words, the head of the management team. he just controls the whole management and is the ultimate boss in the company after the board of directors and the chairman.
What is the difference between Chief executive officer and managing director?
The difference is that a CEO is a mere employee of the Company while the MD is a Director of the Company and must assume the role and duties of a Director as laid down in Legislation. The MD must sit on the Board of a Company while a CEO may sit on the Board.
What the difference between mission director and mission president?
mission director for NASA and mission president for ESA
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.
What is the difference between a conductor and a Musical Director?
a conductor conducts a train ,while a music director directs a concert or musical.
What is the difference between a director and producer?
The producer Makes the budget and hires the Director so that the Director sticks with the budget and creates the production in his or her image. The Director also casts the show along with the producer in some cases. Also sometimes the Producer is the Director.
What is the difference between managing director and president of the company?
The difference between managing director and president of the company is like prime minister and president in India. While both the managing director and prime minister are having wider power in day to day operation of the company/country, both the president of the company and country are mere rubber stamps (though both posts are highly honorable) and their discretionary powers are during AGM of the company,signing important papers/documents and for president of the country, the powers are exercised during independence day celebrations,opening/concluding speeches during budget sessions etc.
What is the difference between independent director and non executive director?
A non-executive director sits on the board of directors however is not considered to be an executive. They are not involved with day to day operations and decisions. In contrast, an independent director is a director who holds responsibilities and was brought in as a consultant from the outside.
