According to the 80/20 Rule, Which of the Following Is

question 13

Multiple Choice

According to the 80/20 rule, which of the following is true?

• A) 80 percent of a product's customers account for 20 percent of the product's marketing expenditures.
• B) 20 percent of a product's customers account for 80 percent of the product's marketing expenditures.
• C) 80 percent of a product's sales come from 20 percent of the product's purchasers.
• D) 80 percent of a product's marketing cost should be equal to 20 percent of the firm's total marketing budget.
• E) 80 percent of a product's market should be consumers who are 20 or older.

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Definitions:

Holder

An individual or entity that possesses or controls a negotiable instrument, security, or other similar documents, legally recognized as entitled to the benefits of ownership.

Automated Signature

A computer-generated signature used to authenticate documents or transactions electronically.

Signature Requirement

A legal stipulation that certain documents must be signed to be recognized as valid or to enter into effect.

Order Paper

A negotiable instrument that is payable to a specific individual or entity, as named or identified in the document.