CIPS Exam A7 Topic 1 Question 63 Discussion

Actual exam question for CIPS's A7 exam

Question #: 63
Topic #: 1

[All A7 Questions]

Which of the following best describes the technique Pareto analysis?

AThe law of diminishing marginal returns

BThe law of the trivial few but important many

CThe law of unintended consequences

DThe law of the important few but the trivial many

Show Suggested Answer

Suggested Answer: C

by Mary at Jul 11, 2024, 03:01 AM

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Orville

23 days ago

I'm feeling Pareto-noid about this one, but I'll go with D. The law of the important few but the trivial many. Gotta focus on the big hitters, am I right?

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Terrilyn

5 days ago

I agree, focusing on the important few can really make a difference.

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Beula

7 days ago

I think D makes the most sense in this context.

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Gabriele

11 days ago

Yeah, it's all about prioritizing and maximizing impact.

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Amos

19 days ago

I agree, focusing on the important few can really make a difference.

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Marquetta

1 months ago

Haha, this question is a real Pareto-dox! But I think the answer is D. The law of the important few but the trivial many. It's all about prioritizing the vital factors over the trivial ones.

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Bernardo

1 months ago

I'm not sure, but B sounds good to me. The law of the trivial few but important many - that's like the 80/20 rule, isn't it?

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Tawna

1 months ago

I'm going with C. The law of unintended consequences. Pareto analysis is all about uncovering the unexpected patterns that lead to the majority of the outcomes, right?

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Nathan

4 days ago

A) The law of diminishing marginal returns

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Chery

18 days ago

C) The law of unintended consequences

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Kenia

21 days ago

B) The law of the trivial few but important many

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Emerson

22 days ago

A) The law of diminishing marginal returns

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Jannette

1 months ago

Actually, Stevie, Pareto analysis is about prioritizing the vital few over the trivial many, so I think B) is the correct answer.

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Stevie

1 months ago

I'm not sure, but I think it might be D) The law of the important few but the trivial many.

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Tenesha

2 months ago

D is the correct answer. Pareto analysis is about the law of the important few but the trivial many. It's all about identifying the critical factors that drive the majority of the results.

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Francisca

2 months ago

I think the answer is B. The law of the trivial few but important many. Pareto analysis is all about focusing on the vital few that contribute the most to the overall outcome.

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