A leader is person who is incharge of a certain organization i.e he assigns duties to his junoiurs
But a manager is a person entrusted with property/entity/org to contrl/monitor it by the shareholders i.e he acts as an agent of the shareholders
There are many differences between a leader and a manager. While a manager counts value and creates circles of power, leaders create value and create circles of influence. Leaders guide their followers, while managers train and monitor their subordinates.
how can you distinguish between them
distinguish between book keeping and accounting
True.
what is distinguish between bookkeeping and accounting? what is distinguish between bookkeeping and accounting? what is distinguish between bookkeeping and accounting?
Distinguish Between Accounting Convention And Aoncept
A common meaning of distinguish is to notice or recognize a difference between people or things. If you are color blind, you may be unable to distinguish between red and green.
) Distinguish clearly between analysis of variance and analysis of covariance.
distinguish between price elasticity of demand and income elasticity of demand
It's hard to distinguish between the two twins.
The difference between a manager and a leader is just the hats that they wear, the titles on their doors and the tools that they use in order to get the job done. Supervisor: One who oversees. Manager: One who is in charge. Leader: One who rules or guides or inspires others. Leaders and managers are often the same person wearing a different hat. Often the best managers are so because they are leaders, inspiring and guiding their team when required - especially by example. For any quality initiative to take hold, senior management (who MUST be leaders) must be involved and act as the role models (or, provide leadership). Leadership is just one important component of the function of directing. Sometimes a leader is not required. For example, a group that is self motivated may not require a leader - although even in this case the group members are acting themselves as their own leaders. A leader must lead first by example. A manager uses instruction, enforcement of policy and procedure. A manager cannot just be a leader or else he is not a manager at all. Managers tend to do things right. Leaders tend to do the right thing. Managers think incrementally, leaders think radically. Leaders are predisposed to innovation. Effective leaders control their ego and understand how to use their understanding of people to inspire top performances. They are confident and they have a high self esteem without exhibiting arrogance. Effective leadership can not be driven by ego but good leaders command a certain presence when they enter the room.
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting