The 80/20 rule is a concept which suggests:
A) eighty percent of a firm's inventory should be readily available, and twenty percent should be reserved for emergency demand.
B) eighty percent of a firm's first time users will become brand loyal and twenty percent of the firm's first time users will use the product only once.
C) eighty percent of a firm's sales are obtained from twenty percent of its customers.
D) eighty percent of a firm's expenditures are tax deductible and twenty percent are not.
E) eighty percent of a firm's products will ultimately be sold at the original mark-up price, and twenty percent will not.
Answer: C