eighty-twenty rule

 The concept that a few items or customers generate most of the company’s sales.

American business jargon. 2014.

Look at other dictionaries:

  • eighty-twenty rule — Gen Mgt the principle that explores the natural balance between the causes and effects of business activities, and holds that all business activities display an 80%/20% split. Developed by Vilfredo Pareto, the eighty twenty rule can be used to… …   The ultimate business dictionary

  • eighty/twenty rule — /ˌeɪti twenti ru:l/ noun the rule that a small percentage of customers may account for a large percentage of sales. ⇒ Pareto’s Law …   Marketing dictionary in english

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  • Pareto, Vilfredo Frederico Damaso — (1848 1923) Gen Mgt Italian economist, mathematician, and sociologist. Originator of the eighty twenty rule, and of the law of income distribution known as Pareto’s Law, which he explained in Cours d’Économie Politique (1896–97) …   The ultimate business dictionary

  • Pareto analysis — Gen Mgt see eighty twenty rule …   The ultimate business dictionary

  • Pareto chart — Gen Mgt see eighty twenty rule …   The ultimate business dictionary

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