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Entrepreneur Challenge MCQs

What's the classic 80/20 rule (the Pareto principle) with regards to marketing?

20% of sales close

80% percent of the market shares the same needs

80% of your profit comes from 20% of your customers.

80% of your time makes up 20% of your profits.

Answer

Correct Answer: 80% of your profit comes from 20% of your customers.

Explanation:

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