The Pareto principle is important to consider when an organization is
A)assessing whether to employ activity-based costing versus attribute-based costing.
B)evaluating the number of activities that are value-added versus those that are non-value-added.
C)deciding whether to offer a product in one color versus in ten colors.
D)determining whether simultaneous engineering activities will be impacted by the "Rule of One."

Question

Quizplus · Accepted Answer

The Answer of The Pareto principle is important to consider when an organization is
A)assessing whether to employ activity-based costing versus attribute-based costing.
B)evaluating the number of activities that are value-added versus those that are non-value-added.
C)deciding whether to offer a product in one color versus in ten colors.
D)determining whether simultaneous engineering activities will be impacted by the "Rule of One."

The Pareto Principle Is Important to Consider When an Organization