Which of the following best explains how a minority of a product's users make up a majority of sales of that product?
A) culture of participation theory
B) the 80/20 rule
C) positivism
D) role theory

Question

Quizplus · Accepted Answer

The 80/20 rule, also known as the Pareto principle, states that 80% of effects come from 20% of causes. In the context of product sales, this means that a minority (likely around 20%) of the product's users are responsible for the majority (likely around 80%) of its sales. This phenomenon is observed across many industries and has important implications for marketing and product development strategies.

Which of the Following Best Explains How a Minority of a Product's