Most of a firm’s profits being generated by a relatively small group of customers is referred to as the?

a. 90/10 rule
b. 80/20 rule
c. 70/30 rule
d. 50/50 rule


b. 80/20 rule

Business

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Answer the following statements true (T) or false (F)

1. 95% of the world’s consumers are outside of the United States. 2. More males start businesses than females. 3. Nearly all of America’s 50 richest self-made women were born in other countries. 4. Privately held (not publicly traded) tech companies led by men still outperform those led by women.

Business

Round the number to the indicated place: 4,652 all the way

What will be an ideal response?

Business

The two cases of Bank of Montreal v. Bal and Corey Developments, deal with the application of the parol evidence rule. Which of the following best explains the different results in these cases?

A) In Corey Developments, a party was trying to get out of a guarantee. In Bal, a party was trying to avoid a warranty. B) Corey involved a greater inequality of bargaining power than the other two cases. C) The contract in Corey Developments contained an entire agreement clause, but Bal did not. D) In Corey Developments, there was very clear external evidence of representations contradicting the terms of the contract, but in Bal the plaintiff's evidence was very weak E) Corey is an older case and the parol evidence rule is now applied more strictly

Business

In most large organizations, several people are responsible for making a purchase decision. This group is called the

A. decider group. B. buying center. C. reselling team. D. expediters. E. supply chain.

Business