Positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy DEMATEL

In competitive markets, various businesses compete with other competitors for preservation and development of their positions. This effort and competition can be demonstrated under various criteria (component), which represent the position of company in business environment. There are different tool...

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Main Authors: Mohammad-Ali Faezi-Rad, Mohammad-Ali Khatami-Firoozabadi
Format: Article
Language:English
Published: Growing Science 2014-07-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol4/msl_2014_181.pdf
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author Mohammad-Ali Faezi-Rad
Mohammad-Ali Khatami-Firoozabadi
author_facet Mohammad-Ali Faezi-Rad
Mohammad-Ali Khatami-Firoozabadi
author_sort Mohammad-Ali Faezi-Rad
collection DOAJ
description In competitive markets, various businesses compete with other competitors for preservation and development of their positions. This effort and competition can be demonstrated under various criteria (component), which represent the position of company in business environment. There are different tools to demonstrate accurate position of company or firm in a specific (target) market and mentioned tools have been developed in strategic management and marketing. One of these quantitative tools is Competitive Profile Matrix (CPM), which represents the position of company compared with other competitors. CPM is based on scoring various criteria (components) in target market of the company. The study proposes weighting in CPM matrix based on the implementation of Fuzzy DEMATEL technique. The proposed model considers uncertainty of weighting using fuzzy logic and the implementation of the proposed model is demonstrated using a simple example.
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series Management Science Letters
spelling doaj-art-dd8ddccfb0d64c53abc3846273ef2f7b2025-08-20T02:04:10ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-07-01471425143210.5267/j.msl.2014.6.025Positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy DEMATELMohammad-Ali Faezi-RadMohammad-Ali Khatami-Firoozabadi In competitive markets, various businesses compete with other competitors for preservation and development of their positions. This effort and competition can be demonstrated under various criteria (component), which represent the position of company in business environment. There are different tools to demonstrate accurate position of company or firm in a specific (target) market and mentioned tools have been developed in strategic management and marketing. One of these quantitative tools is Competitive Profile Matrix (CPM), which represents the position of company compared with other competitors. CPM is based on scoring various criteria (components) in target market of the company. The study proposes weighting in CPM matrix based on the implementation of Fuzzy DEMATEL technique. The proposed model considers uncertainty of weighting using fuzzy logic and the implementation of the proposed model is demonstrated using a simple example.http://www.growingscience.com/msl/Vol4/msl_2014_181.pdfCompetitive Profile MatrixFuzzy DEMATELStrategic ManagementMarketing
spellingShingle Mohammad-Ali Faezi-Rad
Mohammad-Ali Khatami-Firoozabadi
Positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy DEMATEL
Management Science Letters
Competitive Profile Matrix
Fuzzy DEMATEL
Strategic Management
Marketing
title Positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy DEMATEL
title_full Positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy DEMATEL
title_fullStr Positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy DEMATEL
title_full_unstemmed Positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy DEMATEL
title_short Positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy DEMATEL
title_sort positioning business in uncertain conditions by weighting a competitive profile matrix using the fuzzy dematel
topic Competitive Profile Matrix
Fuzzy DEMATEL
Strategic Management
Marketing
url http://www.growingscience.com/msl/Vol4/msl_2014_181.pdf
work_keys_str_mv AT mohammadalifaezirad positioningbusinessinuncertainconditionsbyweightingacompetitiveprofilematrixusingthefuzzydematel
AT mohammadalikhatamifiroozabadi positioningbusinessinuncertainconditionsbyweightingacompetitiveprofilematrixusingthefuzzydematel