Business Development Researcher Question:
Explain what is Pareto Analysis?
Answer:
It is a decision making technique, also known as 80/20 rule. It is used for quality control and defect resolution. It explains few factors that can be responsible for big problems. It is named as 80/20 rule, because as per this rule, 80 % effects in the system, arises from 20 % causes.
| Previous Question | Next Question |
| In your previous experience, what kind of documents you have created? | Have you ever used Kano Analysis in your previous jobs and how do you define it? |