According to the iceberg principle, 20 percent of the territories, products, or customers produce 80 percent of the revenues.

Name: According to the iceberg principle, 20 percent of the territories, products, or customers produce 80 percent of the revenues.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The iceberg principle, often confused here, is more about the hidden information or data beneath the surface. The concept you're referring to is the Pareto Principle, which states that roughly 80% of the effects come from 20% of the causes.

According to the Iceberg Principle, 20 Percent of the Territories