The "80/20 rule" describes the relationship that 80 percent of an organization's business often comes from only 20 percent of its products or customers.
Answer the following statement true (T) or false (F)
True
A company may be showing a profit, while 80 percent of its business comes from only 20 percent of its products-or customers. The other 80 percent may be unprofitable. But without special analyses, managers won't know it. This 80/20 relationship is fairly common-and it is often referred to as the 80/20 rule.
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Indicate whether the statement is true or false
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What will be an ideal response?