There is an 80/20 rule in sales that ___ eighty percent of a company's sales come from twenty percent of their customers. Therefore maximize the amount of time you spend with that 20%.

Question

Business

Cristina Cooke

27 October, 06:07

There is an 80/20 rule in sales that ___ eighty percent of a company's sales come from twenty percent of their customers. Therefore maximize the amount of time you spend with that 20%.

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Answers (1)

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Kendrick Lynn · Answer 1

The correct word for the blank space is: states.

Explanation:

Italian economist Vilfredo Pareto (1848-1923) proposed the 80/20 rule in which he explains 80% of the effects of anything are the result of 20% of the causes of something. When applied to the sales world, it implies 80% of an individual sales come from only 20% of the individual's customers.