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You get 80% of your business from 20% of your customers

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Q: What does the rule 80-20 mean in business?
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Related questions

What is 8020 as a fraction?

8020 as a fraction = 8020/1


Is 8020 divisible by 2356910?

No.


Is 8020 divisible by?

1, 2, 4, 5, 10, 20, 401, 802, 1604, 2005, 4010, 8020


What is 8020 divisible by?

1, 2, 4, 5, 10, 20, 401, 802, 1604, 2005, 4010, 8020


What are the factors to 8020?

The factors of 8,020 are: 1, 2, 4, 5, 10, 20, 401, 802, 1604, 2005, 4010, 8020.


What are the release dates for The Young and the Restless - 1973 1-8020?

The Young and the Restless - 1973 1-8020 was released on: USA: 1 December 2004


What is 8020 rounded to the nearest hundred?

8000


What does My boss's top rule is age quod agis mean?

Merriam-Webster defines age quod agis as meaning "do what you are doing" and "to the business at hand." For a boss to say this is their top rule would likely mean they expect everyone to do their job and do it well.


What is WWE diva kelly kellys number?

201 348 8020


What does 8020 mean?

If you are referring to insurance than 80/20 represents the amount that you pay (20%) and the amount that your insurance company pays (80%). It can also mean that 80% of an outcome comes from 20% of a population.


What are business rule engines used for?

A business rule engine is a form of software that gets rid of one or more business rule(s) in a runtime production environment. The rules may come from legal regulation.


What is a business rule?

A business rule typically defines an action based on a corresponding and completed action. For instance, when an account becomes delinquent in an accounting system a business rule can send an email to the account owner requesting payment. Think of business rules as requiring two key parts: 1. What criteria must be met to qualify for a specific business rule (an account has become delinquent based on the last payment received date in the account system) 2. What action must be taken when the business rule criteria is met (when an account becomes delinquent send an email to the account owner requesting the amount owed) Typically, business rules are very specific in nature and can use a waterfall approach to specify the order in which a series of business rules are executed. When X happens, execute business rule Y, then business rule Z. For a more explicit description of business rules visit: http://kellyrshort.com/lpbusinessprocessmgmt.html A common definition of a business rule is: "Business rule is a statement that defines or constrains some aspect of the business. It is intended to assert business structure or to control or influence the behavior of the business. Individual business rules that describe the same facet of an enterprise are usually arranged into business rulesets. Business rules describe the operations, definitions and constraints that apply to an organization in achieving its goals." (Wikipedia.org)