Different people engage in different ventures that interest them. The most important thing is to venture in a business that one understands better in order to succeed. It is salient to have a vision and specific goals that one aspires to achieve when setting up or managing a business. This paper delineates on duties of management in a venture that I have worked for.The paper delineates on a number of issues pertaining entrepreneurships. These aspects include description of the kind of the venture, duties of the management and variables and fixed costs related to the operation of the venture.As discussed above, this paper covers on the major aspects relating to an entrepreneur. The paper deliberates further on the venture, the duties of the management and some of the costs that the company incurs. Every company is able to manage and run its operations on certain costs and this is the reason why this paper deliberates on this. Managers are also essential in ensuring that the goals and objectives of an organization are met. Investing or recruiting effective managers is something every company needs to invest in and take it with a lot of care.In any venture or business, a manager provides leadership (Timmins, 2011). I have always yearned to work at a telecommunication company and therefore, this interest drove me to secure a chance at AT & T Inc. Working at this company has provided me fulfillment as I enjoyed the positive relationship with my fellow colleague and even the management. Management played various duties in the operation of the venture. Management is categorized in various departments and they play these functions with the intention of achieving a common goal or success of the company. They mostly play supervisory role geared at ensuring that all the systems and processes run smoothly. They are responsible for the staffing in the business. They carry out various functions relating to staffing such as interviewing prospective employees, hiring and firing and ensure that staffs recruited are capable to execute their duties and at the same time adhere to the rules and regulation of the work place (Timmins, 2011). These managers also ensure that communication is promoted to ensure that all process run on smoothly. They ensure that they understand the directives from their senior management and communicate them to the staffs. They also use effective communication to solve conflicts and to motivate employees as well as enhance relationship at the workplace. Management also ensures that business records grow. This is achieved by providing good leadership through coaching and mentoring, maintenance of quality controls and ensuring that services provided satisfies the customers needs. Most of the managers generally in the company play the role of planning, organizing, directing, monitoring and evaluation. The managers in this venture are good and effective. They are recruited based of competencies therefore; they ensure that the organization achieves its functions. The growth levels in the company over the few past years are also a clear indication that indeed these managers are competent.The kind of the venture of the company is a service industry providing a range of telecommunication services. AT & T Inc. is a multinational company that has its headquarter at Whiteacre Towers in Texas. The company provides both fixed telephony and mobile telephony services in USA. It also offers broadband subscription television services. The major reason for venturing in this business was to serve the larger customer base.Every firm must incur variable and fixed costs in its operations. Variable costs are costs that keep on changing. They are not statistic while fixed costs are costs that are stable and do not fluctuate. Being in a position to manage these costs effectively is essential for any venture and most managers do their best level to keep these costs low. Some of the fixed costs incurred by the company include; salaries, revenues remittance to the government, rent, accountancy costs and insurance costs. These costs do not change based on the sales volume of production. Examples of variable costs included labor, materials, delivery costs and utilities. This is because these expenses always do vary based on the volume or production. AT & T Inc. is large company and its variable and fixed costs runs into millions of dollars.The business venture I have worked has played a key role in my understanding of how business is managed. Management plays different duties in a business just to ensure that it achieves its goals and visions. The managers at AT & T Inc. are industrious and competent and perform various duties such as staffing, mentoring, enhancing communication among many others. These functions are majorly supervisory. The company also incurs both fixed and variable costs in its operations. Because of the nature of the venture, the company has been able to perform better over the years. Demand of the services the company provides is high and this has played a key role in its growth.ReferencesKaufman, A. (2002). Managers double fiduciary duty: to stakeholders and to freedom, , 12(2):189-214.Timmins, F. (2011). Managers duty to maintain good workplace communications skills, , 18(3): 30-34.