Comparison of Fuzzy Multi-Criteria Decision-Making Methods to Rank Business Strategies and Marketing Resources

Tohidi, Amirhossein; Ghorbani, Mohammad; Karbasi, A R; Asgharpourmasouleh, Ahmadreza; Hassani-Mahmooei, Behrooz

doi:10.7160/aol.2020.120309

Cited by 5 publications

(3 citation statements)

References 31 publications

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“…e characteristics of the evaluated object in a certain aspect can usually be reflected by a certain evaluation index. A series of interrelated evaluation indicators constitute the evaluation index system [6,7]. e evaluation index system reflects the characteristics of the evaluation object in various aspects as a whole by synthesizing the characteristics of the evaluation object reflected by each evaluation index.…”

Section: Introductionmentioning

confidence: 99%

Application Research of Fuzzy Control Comprehensive Model in Agricultural Economic Management

Huang

Guo

Xiaosen

2022

Security and Communication Networks

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Agriculture is the basic industry of the national economy, and the transformation of agricultural economic growth mode is of great significance to ensure the supply of agricultural products and improve the quality of agricultural products. Therefore, it is the only way to solve this problem to change the way of agricultural economic growth through scientific and technological investment, industrial structure adjustment, and other methods. Based on the fuzzy comprehensive evaluation method, this paper analyzes various factors of agricultural economic development and establishes a multilevel fuzzy comprehensive evaluation model of the development status of agricultural economic system. The stochastic frontier production function model of the fuzzy control comprehensive model is applied to decompose the agricultural labor productivity, and the counterfactual thinking and distribution method are used to analyze the influence of these factors on the evolution of provincial agricultural labor productivity differences. The value inequality decomposition method measures the contribution of each factor to the provincial agricultural labor productivity difference as well as the contribution of exogenous explanatory variables to the provincial agricultural technical efficiency difference. It is concluded that the relative contribution rate of nonagricultural activities to the difference in agricultural technical efficiency is the largest, and the average relative contribution rate reaches 74%. The improvement of agricultural labor productivity cannot rely solely on the increase in the input of agricultural material factors, but should rely on science and technology.

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Section: Introductionmentioning

confidence: 99%

Application Research of Fuzzy Control Comprehensive Model in Agricultural Economic Management

Huang

Guo

Xiaosen

2022

Security and Communication Networks

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“…In addition to taking into account the interrelationship between criteria, the fuzzy ANP model also considers the uncertainty in the prioritization process of strategic choices. fuzzy analytic network process (ANP) were applied to prioritize business strategies (Tohidi, Ghorbani, Karbasi, Asgharpourmasouleh, & Hassani-Mahmooei, 2020), it is include for the portfolio selections method. Moreover, the research conducted by (Galankashi et al, 2020) affirmed that the fuzzy-ANP network analysis process is very effectively method to evaluate the relative weights of 2.…”

Section: Literature Reviewmentioning

confidence: 99%

Sharia Stock Selection in Indonesia Stock Exchange (IDX) : A fuzzy-ANP Approach

Ghoni

Mutiara

2022

elbarka

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The purpose of this study is to develop a fuzzy analytic network process (FANP) model to evaluate and select a portfolio of Islamic stocks on the Indonesia Stock Exchange (IDX). A fuzzy analytic network process (FANP) is used to the develop indicator and portfolio selection ranking. It can make it easier for investors to make investment decisions through financial portfolio return. However, in fact and reality, investors need fast investment decision, therefore, portfolio selection is most important. The fuzzy-ANP analysis method can be used to evaluate and to make prioritize ranking of investment decision variables. The results of this study are found that profitability is the most important criterion for investors to select Islamic stock portfolios in Indonesia stock exchange. In addition, the value of Return on assets (ROA), Return on equity (ROE), Return on Investment (ROI), Net profit margin (NPM), Earning per share, return on sales Ratio and Return on Capital of a company.

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“…The risk of errors is very high in designing a plan. For example, if the wrong or unsuccessful path of growth is chosen, then in a fairly long period of time the mistake will manifest itself (Tohidi et al, 2020). The company would inefficiently use its available resources during this period.…”

Section: Introductionmentioning

confidence: 99%

Institutional Aspects of Risk Strategic Management in Azerbaijan Hospitality Sector

Rza-Zadeh¹,

Dvořák²

2020

JIS

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Nowadays, in the 21st century that is distinguished by the high penetration of information and communication technologies, interconnectedness and globalization, the effectiveness of institutions is increasingly manifesting the pressing need to clearly define and assess the prospects and directions of business development, taking into account the likelihood and the occurrence of the objective and subjective risks. This is happening mostly due to the growing volatility of the macroeconomic environment, increased competition, and the rapid globalization of various business processes and solutions. Taking this into account, one can see that the risk of the management process of the hospitality industry represents a complex multi-level procedure. The starting point of the whole risk management system is their forecasting which becomes the most effective way to prepare management decisions in hotel enterprises for the future. This paper focuses on the institutional aspects of risk strategic management in Azerbaijan hospitality sector related to legal, organizational, and cultural characteristics of development. The aim of this study is to identify the major institutional aspects of risk factors of the external environment as well as to realistically assess the changes in the impact of these factors on the activities of hotel enterprises and the hospitality sector of Azerbaijan for the nearest future based on the expert risk forecasting method. Moreover, the paper aims at updating the strategy of hotel development taking into account the changes in the external environment and to link these risks to the business processes taking place in hotel enterprises and in the hospitality sector. We analyze and describe the most important factors and sources of threats to hotel enterprises of Azerbaijan, such as the probability of new competitors, increasing competitive pressure, imperfect business environment in the country, increase in airline tariffs, changing customer needs and tastes, and maintaining a visa regime with many countries. Our results propose some organizational and economic mechanisms for risk management in the hospitality sector.

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Comparison of Fuzzy Multi-Criteria Decision-Making Methods to Rank Business Strategies and Marketing Resources

Cited by 5 publications

References 31 publications

Application Research of Fuzzy Control Comprehensive Model in Agricultural Economic Management

Application Research of Fuzzy Control Comprehensive Model in Agricultural Economic Management

Sharia Stock Selection in Indonesia Stock Exchange (IDX) : A fuzzy-ANP Approach

Institutional Aspects of Risk Strategic Management in Azerbaijan Hospitality Sector

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