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Using the 80/20 Rule in Business

Using the 80/20 Rule in Business

by warrenferster | Feb 22, 2021 | Blog, Business, Warren Ferster Manchester

80% of an organizations’ profit is generated by 20% of its consumers; this is the rule definition. Vilfredo Pareto, who was an Italian economist, introduced the rule in 1906. The article will analyze how the rule is applied. Know The Best Consumers An...

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