Delfrost Limited is a public limited company registered in Mypoia. Recently the company lost 15% market share along with 20% drop in its revenue. Further, company reports showed a significant increase in costs. Further, market research report reflects company has not updated its portfolio as per changing customer needs. Analyst project if the company continue like this company will be bankrupt in another 24 months. a) In a recent meeting, CEO of Delfrost said "We need good management to resolve this issue" But COO argued, "No we need good leadership". Using your knowledge of leadership and management discuss the validity of two statements. (60 marks). b) "Successful leaders' sole responsibility is to guide their followers". Do you agree with this statement? Explain with reasons. (40 marks)