Management consultants Tom Peters and Robert Waterman assert that one of the eight characteristics of excellent organizations is that they "stick to their knitting",which means ____.
A) branching into the textile industry
B) staying reasonably close to the business they know
C) they outsource their information security functions
D) they must hire other organizations to perform all electronic commerce services

Question

Quizplus · Accepted Answer

"Sticking to their knitting" refers to excellent organizations staying reasonably close to the business they know, meaning they focus on their core competencies and avoid branching into unrelated areas. Therefore, option B is the correct answer. Options A, C, and D are incorrect as they are unrelated to the concept of "stick to their knitting".

Management Consultants Tom Peters and Robert Waterman Assert That One