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Tag: the pareto concept refers to

ABC curve (Pareto Principle): what it is and how it identifies problems in companies

Posted on August 1, 2021January 1, 2022 by blog-admin

ABC Curve, Pareto Principle, Pareto Analysis or even the 80/20 Rule. Regardless of the name, this is a tool (usually in column chart form), which aims to group and order various occurrences to identify problems in companies. The understanding is simple: 80% of consequences stem from 20% of causes. Every manager has gone through times when he…

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