Which of the Following Describes the 80/20 Principle

question 81

Multiple Choice

Which of the following describes the 80/20 principle?

• A) Market segmentation succeeds about 80 percent of the time and fails 20 percent.
• B) Roughly 80 percent of total product sales come from 20 percent of customers.
• C) Roughly 80 percent of the market segment is tapped and 20 percent has not yet been reached.
• D) Roughly 80 percent of the market can be segmented and 20 percent cannot.

---

Definitions:

Social Factors

Social factors are elements within society such as family, education, income, and religion that influence individuals' behaviors and attitudes.

Alcohol Abuse

The excessive or inappropriate consumption of alcohol leading to negative effects on an individual's health, social life, and responsibilities.

Social-psychological Theory

A framework that explores how individual behavior is influenced by social interaction and the presence of other people.

Prohibition

The legal act of forbidding something, especially the manufacture, transportation, and sale of alcoholic beverages in historical contexts.