Explain the 80/20 rule.
What will be an ideal response?
Usage rate is sometimes referred to in terms of the 80/20 rule, a concept that suggests 80 percent of a firm's sales are obtained from 20 percent of its customers. The percentages in the 80/20 rule are not really fixed at exactly 80 percent and 20 percent, but suggest that a small fraction of customers provide a large fraction of a firm's sales.
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Placing a female wearing a bikini in an advertisement for power tools is an example of:
A) a subliminal sexual cue B) a decorative model C) overt sexuality D) sexual suggestiveness
In inflation targeting, the range that represents the goal for the inflation rate is known as the
A. target band. B. optimal range. C. central tendency. D. ultimate goal.
Answer the following statements true (T) or false (F)
1. Benchmarking often compares a company against a key competitor or the industry average. 2. No single ratio tells the whole picture of any company's performance. 3. Online financial databases provide data on companies which allows investors to compare the companies' future earnings. 4. Ratios can be used to analyze a company's ability to pay long-term debt. 5. Working capital measures a business's ability to meet its long-term obligations with its current assets.
What does empirical data show about motivation in the workplace? What is the 25-50-25 rule?
What will be an ideal response?