The 80/20 principle states that:
A) market segmentation succeeds 80 percent of the time and fails the remaining 20 percent of the time.
B) roughly 80 percent of total product sales come from 20 percent of customers.
C) nearly 80 percent of the market segment is generally tapped within first 10 years of the introduction of the product, and 20 percent remains unreached.
D) 80 percent of the market can be segmented, and 20 percent cannot.
B
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Suppose that you earn $50,000 annually. You expect expenses to drop by 22% for your family in the event of your death
Currently, if you die, you want to provide for your family for at least 15 more years, and the applicable after-tax and inflation return assumed is 5%. Using the earnings multiple approach provided in your textbook, what would be the amount of life insurance that you should purchase? A) $301,080 B) $404,820 C) $485,940 D) $500,000 E) 519,000
A variable measured at the interval or ratio level can have more than one arithmetic mean
Indicate whether the statement is true or false