Todd Harris and Associates,a New York sales promotion agency,discovered from analysis of its files that one-fifth of its clients accounted for more than three-quarters of its fees and commissions.This is an example of what classic concept?

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This is an example of the 80/20 rule, also known as the Pareto principle, which states that 80% of effects come from 20% of causes. In this case, 80% of the fees and commissions come from 20% of the clients.

Todd Harris and Associates,a New York Sales Promotion Agency,discovered from Analysis