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The 80/20 Principle Holds That a Small Percentage of Loyal

question 13

True/False

The 80/20 principle holds that a small percentage of loyal customers generate the bulk of sales.


Definitions:

Self-defeating Behavior

Actions or patterns of behavior that undermine one’s own success or well-being, often subconsciously.

Desire

A strong feeling of wanting or wishing for something to happen or to possess something.

Fail

The lack of success in achieving or accomplishing a desired goal or standard.

Habit

A settled or regular tendency or practice, especially one that is hard to give up.

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