Which of the following proposes that a minority of a firm's customers purchase a majority of the volume of the product?
A)the majority myth
B)the equity fallacy
C)the 80/20 principle
D)the cannibalization rule

Question

Quizplus · Accepted Answer

The 80/20 principle, also known as the Pareto principle, proposes that 20% of a firm's customers account for 80% of its sales volume. This implies that a minority of customers are responsible for the majority of a firm's business.

Which of the Following Proposes That a Minority of a Firm's