The ____ asserts that a minority of causes, inputs, or effort usually leads to a majority of the results, outputs, or rewards.
A) MBO cycle
B) Principle of Diminishing Returns
C) Project Life Cycle
D) PERT network
E) 80/20 Principle

Question

Quizplus · Accepted Answer

The 80/20 Principle, also known as the Pareto Principle or the Law of the Vital Few, asserts that roughly 80% of effects come from 20% of causes. This principle is often used as a tool to identify the most important factors or inputs in a given situation, and to prioritize efforts accordingly.

The ____ Asserts That a Minority of Causes, Inputs, or Effort