The 85/15 Rule-Which Asserts That 85 Percent of the Problems

question 19

Multiple Choice

The 85/15 Rule-which asserts that 85 percent of the problems can be corrected only by changing systems and less than 15 percent of the problems can be solved by individual workers-is a tenet of

• A)the collegial model.
• B)management by objectives.
• C)Theory Y management.
• D)total quality management.

---

Definitions:

Lemons

A term popularized in economics referring to the problem of asymmetric information concerning the quality of products, specifically used in the context of used cars.

Potential Buyers

Individuals or entities that show interest in purchasing a product or service but have not yet completed the transaction.

Rustbucket

A term colloquially used to describe an old, dilapidated vehicle, especially one suffering from rust and decay, indicating poor condition.

Used Cars

Pre-owned vehicles that have been previously registered and are available for sale, usually at a lower price than similar new models.