Which of the following is NOT an example of the 80/20 Principle?
a. 20 percent of employees produce 80 percent of the world's output.
b. 20 percent of your work can cause 80 percent of your problems.
c. 20 percent of the world's output is produced by 80 percent of employees.
d. 20 percent of customers contribute 80 percent of your revenue.
c
You might also like to view...
When firms look for new users in groups that have never used the product before, the firm is using the ________ strategy
A) new-market segment B) market-penetration C) geographical-expansion D) product development E) diversification
Which of the following presents a signi?cant challenge with multicultural communication?
A) Humor. B) Animals. C) Images. D) All of the above.
The statement of retained earnings reports how the company's retained earnings balance changed from the beginning of the period to the end of the period
Indicate whether the statement is true or false
Scenario 7.1 Use the following to answer the questions. Samsung is entering the home appliance market with its new French Door Refrigerator. In designing the production facility, it has a need for various pieces of equipment, including the perpetual assembly belt drive, quasi-assembly pods, and finishing stations. The purchasing agent for the appliance division is inquiring about who will be needed for input on the purchasing decision. Samsung has already contacted several producers of the quasi-assembly pods, and has begun negotiations with their sales representatives. Refer to Scenario 7.1. What type of business purchase is Samsung undertaking?
A. Modified rebuy B. Straight rebuy C. New-task D. Straight purchase E. New rebuy