Management Now$-$Online Skill$-$Building Exercise:

The Reality of the Pareto Principle

The Pareto principle, which states that $80$ percent of eficuls are created by $20$ percent of causes, has become entrenched in management thinking. We regulart hear such glib statements as$,"20$ percent of our castomers account for $$0$ percent of our sales." Conduct research on the Internet to find at least one eample of the $\frac{80}{20}$ rule that has taken place in the

last several years. Perhaps a recent prodat $=$ prove fruitful, such as one model of a proder the vast majority of the problems. At the if you can find any evidence that refutes the of this principle or rule. In other words and current example of a situation in which $2$ the causes did not produce $80$ percent dite