Question

What does the Pareto Principle state?

1) The root cause is always determined
2) The root cause is sometimes determined
3) The root cause is never determined
4) The root cause is rarely determined

Answer 1

The Pareto Principle, also known as the 80/20 rule, states that roughly 80% of the effects come from 20% of the causes.

Step-by-step explanation:

The Pareto Principle, also known as the 80/20 rule, states that roughly 80% of the effects come from 20% of the causes. It suggests that a small number of factors are responsible for the majority of the results or outcomes in a given situation. For example, in business, it means that 80% of a company's sales may come from just 20% of its customers.