Pareto's Law (also called the 80/20 Rule) ,states that:
A) 20 percent of a company's quality problems comes from just 80 percent of all causes.
B) 80 percent of accounts receivable comes from 20 percent of customers.
C) 80 percent of a company's quality problems arise from just 20 percent of all causes.
D) 20 percent of a company's revenue comes from just 80 percent of all customers.
Correct Answer:
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