In their book In Search of Excellence,Peters and Waterman found that successful companies "stuck to their knitting." In other words,they concentrated on those things that they do well.To which component of organizational strategy does this idea most directly relate?

Question

Quizplus · Accepted Answer

The idea of "sticking to their knitting" and focusing on what the company does well directly relates to the concept of distinctive competence, which refers to the unique strengths and capabilities of a company that set it apart from competitors. By concentrating on their distinctive competence, successful companies are able to create competitive advantages and differentiate themselves in the marketplace.

In Their Book in Search of Excellence,Peters and Waterman Found