Question: Define and explain the 80/20 rule. Your answer should include the following: The definition of the 80/20 rule Tell me why it is important in

Define and explain the 80/20 rule. Your answer should include the following:

The definition of the 80/20 rule

Tell me why it is important in sales in particular

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Instructions Prompt: San Diego, Californian is usually a cool 74 degrees year-round. However, an unseasonable cold front has come in from Alaska that has caused San Diego to fall below 50 degrees....

Q:

Brief 3 SEPARATE cases using IRAC method. EACH ONE of the topics is going to be a SEPERATE sheet of paper listed below. You should have 3 DIFFERENT PAPERS EXPLAINING the topics listed #1 , #2 , & #3....

Q:

USING THE I-R-A-C STRUCTURE IN WRITING EXAM ANSWERS The IRAC method is a framework for organizing your answer to a business law essay question. The basic structure is: Issue, Rule, Analysis, and...

Q:

Question Juliana is the operator and owner of a small but exclusive restaurant in Kuala Lumpur frequented by the rich and famous. Juliana also provides food for dinner parties at her clients' homes....

Q:

USING THE I-R-A-CSTRUCTURE IN WRITING EXAM ANSWERS The IRAC method is a framework for organizing your answer to a business law essay question. The basic structure is: Isse, Rule Analysis, and...

Q:

Instructions USING THE IRAC STRUCTURE IN WRITING ANSWERS Use the IRAC method as a framework for organizing your answers to the three problem based questions. The basic structure is: Issue, Rule,...

Q:

A multi-sector model Consider a version of the manufacturing bid-rent curve, but with two sectors. Let x1 and x2 be the distance that firms in sector 1 and sector 2 locate away from the city center....

Q:

Providing Quality School-Based Learning and Support Services 239 Chapter 6 Language and literacy support Your core task The core task of almost all TAs is to support students language and literacy...

Q:

Confirming Pages C H A P T E R 19 Analyzing Information and Writing Reports Chapter Outline Using Your Time Efficiently Analyzing Data and Information for Reports Identifying the Source of the Data...

Q:

Discussion Board 4 Production Economics and Decisions...

Q:

Using LexisNexis Tax Centers Analytical Sources, answer the following questions: a. Select the Specialized Tax Planning tab. Which chapter in Tax Planning for the Alternative Minimum Tax discusses...

Q:

A survey indicated that chocolate is Americans' favorite ice -cream flavor. For each of the following, indicate the possible effects on demand, supply, or both as well as equilibrium price and...

Q:

This is part of Geraints homework. a Explain Geraints mistake. b Make a copy of the triangle on squared paper. Draw the correct enlargement. Question Enlarge this triangle using a scale factor of 2...

Q:

can you help me to resolve this. Thanks in advance Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically...