Business Studies, asked by raghav4393, 11 months ago

What did peters and waterman (1982) mean when they implored businesses to 'stick to the knitting'?

Answers

Answered by lovingheart
1

Peter and Waterman meant that for success of any organization, they should stick on what they have instead of thriving opportunities outside the business circle.

Explanation:

  • The major thought of these two people were that a business should only focus on improving what they have instead of making new investment to start an unknown business.
  • A well known business to the organization and its employees will be the most apt one for its growth and success was the point of Waterman on sticking to the knitting.

To know more:

1) 10. Which is better to make

Weaving or knitting? Why?​

https://brainly.in/question/12373317.

2) Define Weaving and knitting in simple words

https://brainly.in/question/4696842

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