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The terms "management" and "leadership"

The terms "management" and "leadership" are often used interchangeably in the business world to refer to someone who manages a team of people. In reality, being a manager and being a leader have different meanings. Many people, however, are both. They have management jobs, but they lead to manage.
In your own words, define management and leadership. What do you feel are the differences between the two terms?

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