Examlex
What is a core distinction between a small group and a team?
Account Analysis
The process of reviewing and evaluating a customer's account to understand their needs, spending patterns, and potential for future transactions.
80/20 Principle
A rule of thumb stating that 80% of outcomes (or outputs) come from 20% of all causes (or inputs) for any given event, also known as the Pareto Principle.
Sales Territory
A specified geographical region or group of customers assigned to a salesperson or team for the purpose of selling products or services.
ELMS System
An acronym for Electronic Learning Management System, a digital platform used to create, deliver, manage, and track educational courses and training programs.
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