According to the "80/20 Rule

question 6

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 these is correct.

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Definitions:

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A tool used in social work and counseling to gather detailed information about a client's cultural background and how it affects their life experience and behavior.

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The dynamics, communication, and relationships among members within a family unit.

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The successful conveyance and exchange of ideas, thoughts, or feelings, ensuring clarity, understanding, and achieving the desired outcome.

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Two individuals legally united in marriage, who share a personal and intimate relationship.