The Pareto principle is one of the most amazing way by which a number of problems can be solved.<br />This principle can solve the problems which take place or arise in a variety of fields such as the engineering field, management field, human resources etc.<br />The Pareto principle is also known as the 80/20 ratio or the 80/20 rule.<br />Here the discussion of the Pareto principle is done in a better and a precise way.
