Pareto Principle 80/20 ruleOnline version Pareto Principle 80/20 rule by Ice 1 Who first discovered the Pareto Principle? a Vilfredo Pareto b Albert Einstein c Adam Smith d John Maynard Keynes 2 What observation originally inspired the Pareto Principle? a 80% of companies fail in the first year b 20% of workers do most of the work c 80% of the land in Italy was owned by 20% of the population d 20% of products generate 20% of profit 3 According to the Pareto Principle, why is it useful in productivity? a It helps people avoid working completely b It shows that every task is equally important c It helps people focus on the few activities that create the biggest results d It suggests people should always work longer hours 4 Which example best represents the Pareto Principle? a All employees contribute equally to a company’s success b Every product generates the same revenue c All problems have the same impact d 80% of sales come from 20% of customers 5 How can the Pareto Principle help people manage their time better? a By focusing on the most important tasks that produce the biggest results b By doing every task at the same speed c By avoiding difficult tasks d By working longer hours every day 6 In business, which situation is an example of the Pareto Principle? a Every customer buys the same amount of products b Most employees produce the same amount of work c A small number of products generate most of the company's profit d All marketing strategies have equal impact
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