The 80/20 rule:
A)finds that 80% of revenues are generated by the top 20% of the customers.
B)finds that 80% of profits are generated by the top 20% of the customers.
C)can be graphed as the whale curve.
D)finds that 80% of costs are generated by 20% of the customers.

Question

Quizplus · Accepted Answer

The 80/20 rule, also known as the Pareto principle, finds that 80% of revenues are generated by the top 20% of the customers. This means that a small percentage of customers are responsible for the majority of the company's revenue.

The 80/20 Rule