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How often is the Pareto Principle used by the big 4? Do you apply this principle within the big 4 and how would this change your strategy?

The Pareto Principle states that for many events , roughly80% of the effects come from20% of the causes e.g.80% profit comes from20% of customers or*0% of a company's sales come from20% of its products.

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Question ajoutée par Ismail Mamoojee , Group Compliance Officer , Liberty
Date de publication: 2015/01/26
Khurram Shaukat Memon
par Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

Pareto Principle's will help identify gain earned from20% customers and then company shall change it's current strategy's direction in their favour in a way so that company may come in position to earn more profit from these parties. 

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