Calexor Is a Telecommunications SME That Has Been Highly Successful

question 22

Multiple Choice

Calexor is a telecommunications SME that has been highly successful despite its limited resources. Stakeholders attribute Calexor's success to its ability to serve niche markets. Which of the following, if true, would most strongly support the claim that Calexor's growth can be attributed to niche market sales?

• A)Calexor developed an interest in serving niche markets through an R & D experiment.
• B)Most of Calexor's sales are in specialty markets that larger competitors do not serve.
• C)Calexor's sales in mainstream telecommunications markets have always been strong.
• D)Calexor's growth soared after it entered its first overseas market and has continued to climb.

Understand the implications of contractual capacity and legality on the enforceability of contracts.

Examine the consequences of contract breaches and the available remedies.

Distinguish between executed, executory, void, voidable, and unenforceable contracts.

Apply principles of contract interpretation and the importance of the contract's formality.

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Definitions:

Acid Base Hydrolysis

A reaction where water and an acid or base catalyze the breakdown of a molecule, often leading to the cleavage of chemical bonds.

Triacylglyceride

A lipid molecule made up of three fatty acids esterified to glycerol, serving as the primary form of energy storage in animals.

Alkylbenzenesulfonate Detergent

A type of synthetic detergent made from alkylbenzene sulfonic acid, commonly used for its cleaning properties.

Common Soap

A detergent made from fats and an alkali, used for cleaning through its ability to remove dirt and grease.