GAQM Exam CLSSBB-001 Topic 5 Question 59 Discussion

Actual exam question for GAQM's CLSSBB-001 exam

Question #: 59
Topic #: 5

When one speaks of 20% of something contributing 80% of the affect they are referring to what is known as the _________________.

AShewhart Example

BConnection Principle

CBalance Equation

DPareto Principle

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Suggested Answer: A

by Shawna at Sep 12, 2024, 08:30 PM

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Eden

12 days ago

Hmm, the Pareto Principle, eh? I guess that's why they call it the 'vital few and the trivial many'.

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Daren

17 days ago

Pareto Principle, for sure. It's all about that vital few versus the trivial many, right?

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Carlton

9 hours ago

Yes, you're right! The Pareto Principle focuses on the significant impact of a small percentage.

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1 months ago

The Pareto Principle! Sounds like something my economics professor was always going on about.

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Nickole

5 days ago

Definitely! It's a concept that can be applied in various fields, not just economics.

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Noel

12 days ago

It's interesting how a small percentage can have a big impact, right?

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Jacqueline

22 days ago

Yes, that's right! The Pareto Principle is also known as the 80/20 rule.

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Phuong

1 months ago

I think the answer is D) Pareto Principle.

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