1) Pareto's law is also known as the 80/20 rule, the law of the vital few, and the principle of factor sparsity. States that for many events, roughly 80% of the effects come from 20% of the causes. The rule means that in anything a few 20% are vital and the majority which is 80% are trivial. In Pareto's law it means 20% of the people owned 80% of the wealth. For example, managers know that 20% of the work consume 80% of the time and resources. Therefore, you can apply the 80/20 rule to anything.
2) 80% of companies profits come from 20% of it' customers. 80% of the media are controlled by 20% of the institutions/companies. And 80% of company's profits come from 20%of customers.
3) Micorsoft owns both outlook and skype. Google owns android, Google+, youtube and blogger. Yahoo owns tumblr.
4) Twitter, blogger and tumblr are false at times.They come from people who utter anything, and say whatever they want to which gives people false beliefs.
5) It applys to the content we read online because we are the majority who consume the text. As we are 80% of the people who are reading where as, 20% is owned by the people.
2) 80% of companies profits come from 20% of it' customers. 80% of the media are controlled by 20% of the institutions/companies. And 80% of company's profits come from 20%of customers.
3) Micorsoft owns both outlook and skype. Google owns android, Google+, youtube and blogger. Yahoo owns tumblr.
4) Twitter, blogger and tumblr are false at times.They come from people who utter anything, and say whatever they want to which gives people false beliefs.
5) It applys to the content we read online because we are the majority who consume the text. As we are 80% of the people who are reading where as, 20% is owned by the people.
No comments:
Post a Comment