Question

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, which of the following entrepreneurial characteristics is Xavi demonstrating

Answer 1

Xavi demonstrating vision.

Explanation:

A vision is a strong visual picture, based about your goals and aspirations, of what you are looking for in your company.

A dream can specifically guide your company and can save you from going in the wrong direction.

An ambitious definition of what a company wants to achieve or accomplish in the medium to long term. It should be a straightforward reference for the collection of current and future acts.