In Time Management, the 80/20 Principle Has to Do With

question 25

Multiple Choice

In time management, the 80/20 principle has to do with:

• A)prioritizing responsibilities.
• B)executing responsibilities.
• C)scheduling responsibilities.
• D)all of the above.

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Definitions:

Internal and External

Terms that differentiate between elements within an organization (internal) and factors outside of it (external) that influence business operations and strategies.

Searches for Information

The process by which consumers seek out details and facts about products, services, or topics of interest to make informed decisions.

Categories

Groups or classes of items, people, or concepts that share common characteristics or attributes.

Consumer Decision-making Process

The steps a consumer goes through when deciding whether to purchase or not purchase a good or service, typically involving problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior.