Typically,_____ percent of the orders,customers,territories,or products contributes about ______ percent of the sales volume or profit.
A)50;50
B)40;60
C)80;20
D)90;10
E)None of these.

Question

Quizplus · Accepted Answer

This is known as the Pareto Principle or the 80/20 rule, where 20% of the input creates 80% of the output. This principle is applicable to various aspects of business, such as sales volume or profit. Therefore, Option C is the most suitable choice.

Typically,_____ Percent of the Orders,customers,territories,or Products Contributes About ______ Percent

Typically,_ Percent of the Orders,customers,territories,or Products Contributes About __ Percent