Generally,firms will derive nearly 80 percent of their total sales from only 20 percent of their total customers.

Name: Generally,firms will derive nearly 80 percent of their total sales from only 20 percent of their total customers.
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This statement is a commonly known fact in marketing and is referred to as the 80/20 rule or Pareto principle. It means that a small percentage of customers are responsible for a large percentage of revenue.

Generally,firms Will Derive Nearly 80 Percent of Their Total Sales