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Questions and Answers
According to the 80/20 rule, which of the following statements is most accurate?
According to the 80/20 rule, which of the following statements is most accurate?
- 80% of the results come from 20% of the effort (correct)
- 80% of the effort leads to 80% of the results
- 20% of the results come from 80% of the effort
- 80% of the effort leads to 20% of the results
Which of the following is an example of the 80/20 rule?
Which of the following is an example of the 80/20 rule?
- A company generates 80% of its revenue from 20% of its customers (correct)
- A company generates 80% of its revenue from 80% of its customers
- A company generates 20% of its revenue from 80% of its customers
- A company generates equal revenue from all of its customers
When have you used a small amount of time to create a big change?
When have you used a small amount of time to create a big change?
- I spent 80% of my time on a project and achieved 20% of the desired outcome
- I spent 20% of my time on a project and achieved 80% of the desired outcome (correct)
- I spent equal time on all aspects of a project and achieved equal outcomes
- I spent 80% of my time on a project and achieved 80% of the desired outcome
What is the 80/20 rule and how does it apply to creating big changes? Provide an example.
What is the 80/20 rule and how does it apply to creating big changes? Provide an example.
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