Question

Write Short notes on Managing Director.

Answer 1

A managing director is someone who is responsible for the daily operations of a company . The managing director is the most senior full time executive of the company . Managing Director is responsible for the performance of the company .The responsibilities of the Managing Directors includes the following:

1.Formulating and successfully implementing the company,s policies.

2. Directing strategy towards profitable growth and operations of the company.

3. Developing strategic operating plans that reflect the longer term objectives and priorities established by the board.

4. Closely monitoring the operating and financial financial results against plans and budgets.

5. Maintaining the operational performance of the company.

6. who carries out day to day function of the companies.

7. heads the board of directors.