Answer:
Difference between Managers and Leaders
Basis
Manager
Leader
Existence
A manager exists only in a formal organisation structure.
A leader can be found in both formal and informal organisation structure.
Focus
The focus of a manager is on achieving the organisational goals.
The focus of a leader is on fulfilling aspirations and expectations of his followers.
Authority
A manager possesses formal authority.
A leader enjoys acceptance authority.
Functions
Manager performs all functions of an organisation i.e., planning organizing, directing, controlling.
Leader performance only one function i.e., directing.
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