There is an 80/20 rule in sales that ___ eighty percent of a company’s sales come from twenty percent of their customers. Theref

Question

svetlana [45]

2 years ago

6

There is an 80/20 rule in sales that ___ eighty percent of a company’s sales come from twenty percent of their customers. Theref

ore maximize the amount of time you spend with that 20%.

Business

1 answer:

Mnenie [13.5K] · Answer 1 · 2022-04-13T07:42:37+03:00

Answer:

The correct word for the blank space is: states.

Explanation:

Italian economist Vilfredo Pareto (<em>1848-1923</em>) 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.