Business Glossary - Pareto Principle



Glossary of International Business : Pareto Principle




The concept that when a large number of individuals or organizations contribute to a result, the major part of the result comes from a minority of the contributors.


The Pareto Postulate is that 20% of your effort or clients will generate 80% of your results or business. This is commonly referred to as the 80/20 rule. An actual percentage can be calculated by ranking customers or contributors by volume or any other factor.


The Pareto Principle is based on the work and writings of the 19th century Italian economist Vilfredo Pareto.


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  • Application for Dealership
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  • Types of Business Letters
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    Index of Glossary of International Business


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    Pareto Principle
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  • Letter Asking A Donation
    Letter Asking A Favor
    Letter Asking for More Details
    Letter Asking for Donations
    Letter Denying of Dealership
    Letter for Change of Address
    Letter for Distributorship
    Letter for Employment
    Letter for Hotel Reservation
    Letter for Letter of Credit
    Letter for Line of Credit
    Letter for Product Launch
    Letter for Promotion
    Letter for Retirement Congrats
    Letter for Scholarship
    Letter for Settlement of Bill
    Letter for Tender
    Letter for Testimonial
    Letter of Agreement
    Letter of Assurance
    Letter of Credit
    Letter of Enquiry
    Letter of Order
    Letter of Persuasion
    Letter of Sympathy
    Letter Offering Discount
    Letter Related to Advertisement
    Letter Related to Despatch
    Letter Related to Training
    Letter to A Foreign Buyer
    Letter to Pen-Friend
    Letter to Police
    Letter with Order
    Letter with Quotation
    Letter Writing
    Letters about Company Shares
    Letters by Clubs and Societies
    Letters by Landlords & Tenants
    Letters for Appointment of Dealers
    Letters for Business Relations
    Letters for Buying and Selling
    Letters for Credit & Collection
    Letters for Foreign Travel
    Letters for Lease & Tenancy
    Letters for Loan & Borrowing
    Letters for Transfer & Assignment
    Letters for Insurance
    Letters Noting Discrepancy
    Letters of Condolence & Sorrow
    Letters of Regret
    Letters Regarding Maintenance
    Letters Regarding Payment
    Letters Related to Employees
    Letters to Local Corporation
    Letters to Postal Authorities
    Letters to The Editor
    Letters Used in Real Estate
    Letters With Postal Department
    Letters With Railways Authorities


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