The 80-20 Rule Reflects the Idea That ________

question 47

Multiple Choice

The 80-20 rule reflects the idea that ________.

• A) 20 percent of the company's profits are generated by the top 80 percent of customers
• B) the top 20 percent of customers are highly satisfied and 80 percent of customers will recommend the company to a friend
• C) 20 percent of customers are unprofitable, and 80 percent make up a company's profits
• D) the top 20 percent of customers often generate 80 percent of the company's profits
• E) any new product will be accepted by 20 percent of the customers immediately, but 80 percent of the customers will be up for grabs throughout the product's life cycle

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Definitions:

Federalists

A political group in early U.S. history that advocated for a strong federal government and supported the ratification of the U.S. Constitution.

Constitution

Core guidelines or traditional practices based on which a country or any organization operates.

Civil Liberties

Civil liberties are individual rights protected by law from governmental interference, such as freedom of speech and the right to privacy.

First 10 Amendments

The First 10 Amendments, known as the Bill of Rights, comprise the initial changes to the U.S. Constitution, guaranteeing fundamental rights and protections to American citizens.