The Pareto Principle (80/20 rule) was named after Vilfredo Pareto. He observed that 80% of income in Italy went to 20% of the population. Business management thinker J. Juran suggested the principle and named it after the Italian economist.
SCAV-CSVA Board Meeting No. 1 Minutes
February 21, 2007
SCAV-CSVA Board Meeting No. 1 Minutes
February 21, 2007