________ Are Frequency Charts That Are Aided by the 80/20

question 75

Multiple Choice

________ are frequency charts that are aided by the 80/20 rule.

• A) Cause-and-effect diagrams
• B) Control charts
• C) Pareto charts
• D) Histograms
• E) Scatter diagrams

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Definitions:

Manufacturing Firms

Companies that produce goods using raw materials and various processes and machinery, often involving large-scale production.

Retailers

Businesses that sell goods or commodities directly to consumers, often from physical locations or through online platforms.

Credit Policies

Credit policies refer to the guidelines and standards set by a business regarding the extension of credit to customers, including terms, conditions, and criteria for creditworthiness.

Monthly Rate of Return

The percentage gain or loss on an investment over a one-month period.