This report describes in the context of Toyota Plc, a Japanese company dealing in the auto-mobile sector, differences between management and leadership, key operational functions, key operational approaches, impact of external business environment factors and strengths and weaknesses of different approaches to leadership. Leaders: Leaders are leaders and managers in order to accomplish |business objectives |In order to achieve |business goals |Leaders are responsible for managing |employees in order to achieve |business objectives. Toyota has large range of activities related with