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svetlana [45]
3 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]3 years ago
5 0

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.

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The statement, "With its 25 percent market share, this is the best-selling laser printer on the market today," is an example of
Ksenya-84 [330]

Answer:

Product advantage.

Explanation:

The statement, "With its 25 percent market share, this is the best-selling laser printer on the market today," is an example of a product advantage.

Product advantage can be defined as the attributes or characteristics of a particular product, which differentiates or gives it a competitive edge over other products that is being manufactured by an organization.

Hence, it refers to the ability of a particular product to do well in the market as a result of it being sought by the consumers.

5 0
2 years ago
What do the arrows on the eagle mean?
STALIN [3.7K]
They mean "The Olive branch and arrows denote the power of peace & war which is exclusively vested in Congress."
8 0
3 years ago
Trumbull Company budgeted sales on account of $120,000 for July, $211,000 for August, and $198,000 for September. Collection exp
Andreyy89

Answer:

Total cash receipts              194,760

Explanation:

We will calculate base on the budget number provided.

We will multiply the month sales revenue by the amount expected to be colelcted on september

The receipts from account receivable on september:

<u>60% of previous month:</u>

60% of August: 198,000  =  118,800

<u>36% from the second month:</u>

36% of July: 211,000        = <u>  75,960  </u>

Total cash receipts              194,760

5 0
3 years ago
In recent times, the value of "currency" as well as "checkable deposits" was about $___________ billion each.
Alinara [238K]

Answer:

As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.

Explanation:

Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)

M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.

6 0
2 years ago
The Vermont Teddy Bear Company sells handmade Teddy bears designed to be given as gifts for almost every occasion imaginable. Fo
soldi70 [24.7K]

Answer:

product line

Explanation:

A product line is a group of related products sold by a business under the same commercial brand.

For example, the company might produce a love Teddy for Valentine's Day, GI Teddy for Veteran's Day, Pilgrim Teddy for Thanksgiving, and Santa Teddy for Christmas.

4 0
3 years ago
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