_____________ often is referred to as the 80-20 rule because 80% of a given outcome typically results from 20% of an input.
A) Pareto analysis
B) Rightsizing
C) Ishikawa charting
D) Benchmarking

Question

Quizplus · Accepted Answer

This statement describes the principle of Pareto analysis, which is also known as the Pareto principle or the 80-20 rule. The rule suggests that a large majority of effects come from a relatively small percentage of causes.

_____________ Often Is Referred to as the 80-20 Rule Because