How we use this role in business?
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This role is very important to depend on selling and marketing situations - because it encourages a focus of activity and energy that usually produces very fast and substantial improvements (for example when applied to target audiences, existing customers, product ranges, pricing, etc., and other major 'profit levers').
examples of Pareto's Law as it applies to various situations. According to the Pareto Principle, it will generally the case (broadly - remember it's a guide not a scientific certainty), that within any given scenario or system or organisation: