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Owners own the company so they can be or do whatever they want, it's theirs. Same as if you own a pencil, you can write with it, chew on it, give it away, throw it in the trash, and so on. So owners can choose to hire a manager or to be managers themselves!

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15y ago

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Continue Learning about Management

Do business owners have assistant managers?

If they hire them.


What was not a characteristic of owners and managers of business?

Owners and managers of businesses typically exhibit traits such as leadership, risk-taking, and strategic thinking. A characteristic that is generally not associated with them is a lack of accountability; effective owners and managers take responsibility for their decisions and outcomes. Additionally, they are usually proactive rather than reactive, focusing on long-term goals instead of short-term gains.


What is important about real estate management?

Real estate must be managed, in order to maintain the value of the investment. Homeowners manage their own investments. Apartment building owners hire property managers. Commercial buildings also require property managers. Condominium, home owners associations and co-operative buildings hire association managers. Not only do association managers handle maintenance, they handle and guide finances, tenant turnover issues, owner assessments, legal issues, insurance coverage, state laws that govern common interest communities, and so forth.


What type of software programs and other technology are used by small business owners and managers most frequently?

Quick Books is the most comonly used one, because it allows for small business owners to do their accouting by themselves wihout having to pay someoen else to do it. Tax programs such as TaxCut Pro are also very popular.


Characteristics of an effective manager?

Effective managers are not afraid to delegate. They also challenge their employees to meet production for the business. Effective managers also have great communication skills.