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almond37 [142]
2 years ago
9

Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory according to a specific criterion

of importance. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company. It is used to determine the order size for a one-time purchase.
Business
1 answer:
Alex17521 [72]2 years ago
6 0

Answer:

It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company

Explanation:

Pareto's law is a law that describes the points or direction to concentrate the firm's activities and resources on to achieve optimum productivity.

It usually follows the principle that 80% of returns come from 20% of the customers or clients.

Hence, in this case, the correct answer is Pareto's law is defined to be "the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company."

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What is the subject of Federal Open Market Committee decisions?
Mumz [18]

Answer:

the subject of Federal Open Market Committee decisions is as below:

level of interest rates and growth of the money supply

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3 years ago
Identify and explain two dufference between the public sector and private sector
olga nikolaevna [1]

Public Sector: the part of an economy that is controlled by the government.

( The government controls the income, and everything part of a business)

Private Sector: the part of the national economy that is not under direct government control.

( Sometimes referred to as " a citizen run business" in which a citizen makes all the choices and decisions for what is best for their business)

3 0
2 years ago
During the process of succession, A. only consumers can enter a developing ecosystem. B. producers typically enter a developing
Karolina [17]

Answer: B. producers typically enter a developing ecosystem before consumers.

Explanation: Succession can be described as the series of predictable changes that occur in a community over time.

During the process of Succession,producers typically enter a developing ecosystem before consumers.

Consumers need producers, this is because producers create food for themselves and also provide energy for the rest of the ecosystem.

6 0
3 years ago
Lapping is best described as the process of________.
Mamont248 [21]

Answer:

b. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts is the correct answer.

Explanation:

  • Lapping is best described as the process of applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.
  • Lapping is an illegal mode of allotting one consumer's cash to another consumer's account.
  • Lapping usually occurs in smaller businesses where a single person manages payment receipts and consumer billing.
  • Companies can stop and check lapping through conducting regular inspections of payment receipts and also by dividing cashier and billing tasks.

5 0
3 years ago
When companies hire celebrities to advertise their products, they are attempting to make the demand for their product more _____
JulijaS [17]

Answer:

When companies hire celebrities to advertise their products, they are attempting to make the demand for their product higher / more profitable. If this strategy is successful, the firm can raise both awareness and reputation / sales.

Explanation:

"Celebrity endorsement is a promotional tool that boosts brand awareness. It is a way of enhancing credibility and gaining visibility for brands. Celebrities are well-known people and a celebrity endorsement can make a brand stand out"

Reference: Elkins, Hashaw. “The Effect of Celebrities in Advertisements.” Small Business - Chron.com, 29 Mar. 2019

4 0
3 years ago
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