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Mademuasel [1]
3 years ago
9

Todd Harris and Associates, a New York sales promotion agency, discovered from an analysis of its files that one-quarter (or 25

percent) of its clients generated more than three-quarters (or 75 percent) of its fees and commissions. This is an example of what classic concept? Multiple Choice the 75/25 exchange the law of usage Paget's Law the two quarter gap the 80/20 rule
Business
1 answer:
Dafna11 [192]3 years ago
7 0

Answer:

The answer is: the 80/20 rule

Explanation:

Applied in business, the 80/20 rule (also called the Pareto Principle), states that 20% of your customers account for 80% of your sales. It doesn´t necessarily need to be an exact proportion of 80/20, but as a rule it should help organize our time and activities in dealing with our most important customers.

As a general rule it applies to most activities of a person´s ordinary life, were 20% of the time we spend result in 80% of the benefits.

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Jia yin notes that in many countries, industrial development is, more or less, nonexistent. she is taking note of the:
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<span>This is the idea of the developing world. In many of these countries, there is a low amount of industrial or technological development. These countries have a rather low standard of living and a higher poverty rate when compared to countries that have technological development and progress.</span>
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4 years ago
If the team leader learns that organizational superiors are unaware of the team’s successes, the leader might initiate an "FYI"
ad-work [718]

Answer:

Advocating

Explanation:

The team leader needs to advocate and represent the team to their organizational superiors (upper management). Sometimes large organizations are too complex and BIG, and lower management has to find a way to make themselves be noticed. For example, he could start writing a newsletter, etc.

8 0
3 years ago
A balanced economy generally has which economic state​
andreev551 [17]

Answer: A balanced economy generally has neutral economic stance.

Explanation:

A balanced economy generally has neutral economic stance. This means a balanced economy is one in which the finance of the economy I.e both the imports and exports are in equal proportion.

7 0
3 years ago
A company had $7,040,000 in net income for the year. Its net sales were $15,600,000 for the same period. Calculate its profit ma
ivann1987 [24]

The measure of a product, service, or company's profitability is its profit margin. The bigger the percentage representing the profit margin, the more profitable the company is.

Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it.

Profit margin=44.9%

Explanation to the answer:

Profit margin =Net income / sales

                    =7,050,000 / $ 15,700,000

                    =0.44904

                    =44.9%

Profit margin =44.9%

Learn more about profit margin here brainly.com/question/24161087

#SPJ4

5 0
2 years ago
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