According to the "80/20 Rule

question 42

Multiple Choice

According to the "80/20 rule":

• A) marketing accounts for 80 percent of the consumer's dollar.
• B) only 20 out of every 100 firms use formal marketing control programs.
• C) about 20 percent of a typical firm's customers are unprofitable to serve.
• D) even though a firm might be showing a profit, 80 percent of its business might be coming from only 20 percent of its products or customers.
• E) None of the above is correct.

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Definitions:

Network

A system of interconnected computers, people, or entities that share information and resources, facilitating communication or operations.

Anglo-oriented

Describes something that is oriented towards English or Anglo-Saxon culture, values, or perspectives.

Dominated

Exercising control or influence over someone or something, often to an excessive degree.

Males

The gender classification in many species, including humans, typically associated with XY chromosomes, producing sperm for sexual reproduction.