Question

Distinguish between:
Directors and Managing Director.

Answer 1

Basis	Directors	Managing directors
Description	Is the most basic form of an executive officer and is responsible for a specific department	Is the highest level of executive officer and is responsible for the smooth functioning of the corporation.
Heirarcy	Lowest or second lowest executive officer	The highest level of executive officer
Reports to	The vice president or CEO or MD	Reports to the chairman or the board of directors
Roles and Responsibilities	overseeing their specific department such as finance , marketing or manufacturing. maintains the role of a specified decision maker within the department	maintaining the overall performance of the company and in particular the departments within. Producing and planning strategic operating plans and objectives for long-term future