Author Question: Xavi develops a cell phone battery that can be charged by a solar panel and can run efficiently for ... (Read 79 times)

washai · **on:** Jul 14, 2018

Xavi develops a cell phone battery that can be charged by a solar panel and can run efficiently for up to three hours. His friends point out that it would be difficult to get cell phone manufacturers to adopt this new technology and that it could take a long time for people to start relying on it. However, Xavi is convinced that he can make his idea popular and successful. He plans to start a new company called EnerMob Inc that would promote and sell the cell phone battery to the public. In this scenario, Xavi is said to be demonstrating _____.
A) vision
B) hindsight
C) retrospection
D) reflection

Question 2

Lisa and John own a partnership that provides rental equipment for parties and special occasions. Which of the following is true about the way Lisa and John would handle company profits?
A) Automatically split the profits, with 50 percent for Lisa and 50 percent for John.
B) They would do nothing because partnerships require that profits remain in the business.
C) Divide the profits according to each person's investment in the business.
D) Distribute the profits according to the terms of the partnership agreement.
E) Split the profits according to how many hours each person worked.