The 80/20 Rule Is a Concept That Suggests

question 73

Multiple Choice

The 80/20 rule is a concept that suggests

• A)eighty percent of a firm's inventory should be readily available, and twenty percent should be reserved for emergency demand.
• B)eighty percent of a firm's first time users will become brand loyal and twenty percent of the firm's first time users will use the product only once.
• C)eighty percent of a firm's sales are obtained from twenty percent of its customers.
• D)eighty percent of a firm's expenditures are tax deductible and twenty percent are not.
• E)eighty percent of a firm's products will ultimately be sold at the original markup price, and twenty percent will not.

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