According to the Pareto Principle, Which of the Following Is

question 57

Multiple Choice

According to the Pareto Principle, which of the following is true?

• A) 60% of a company's customers generate 80% of the company's profits.
• B) 20% of a company's customers generate 60% of the company's profits.
• C) 80% of a company's customers generate 10% of the company's profits.
• D) 20% of a company's customers generate 80% of the company's profits.
• E) 60% of a company's customers are unprofitable.

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Definitions:

Technical Expertise

Technical expertise refers to the specialized knowledge and skills required to perform specific, often complex, tasks proficiently.

Proactive Mediation

An approach to conflict resolution where mediators take active steps to anticipate, prevent, and resolve disputes before they escalate.

High Intensity

Situations, activities, or emotions characterized by a high level of energy, effort, or concentration.

Interparty Hostility

Describes the presence of animosity, aggression, or antagonism between two or more parties, especially in negotiations or conflicts.