Managing a business is concerned with handling complexity in processes and the execution of work. It is linked to the authority required to manage, somehow given to managers, within a form of hierarchy. The founder of a business assumes this authority, whether or not they are capable of exercising it. In fact, as we have noted, the style of management they initially adopt is likely to be informal, relying on strong personal relationships with employees rather than formal structures which might impede flexibility. Often they manage by example.
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