Multiple choice general knowledge

Which principle states that 80% of a company's profits must come from 20% of its products?

  1. Halkies Principle

  2. Hopkins Principle

  3. Pareto's Principle

  4. Posthmas Principle
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Pareto's Principle (also known as the 80/20 rule) states that roughly 80% of effects come from 20% of causes. In business, this often means 80% of profits come from 20% of products or customers. Named after economist Vilfredo Pareto, it's a fundamental concept in efficiency and resource allocation.

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