Multiple-criteria approach for strategy adaptation in SME's

L. Dömeová, M. Houška and M. Beránková
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L. Dömeová: Czech University of Agriculture, Prague, Czech Republic
M. Houška: Czech University of Agriculture, Prague, Czech Republic
M. Beránková: Czech University of Agriculture, Prague, Czech Republic

Agricultural Economics, 2006, vol. 52, issue 4, 155-159

Abstract: The formulation and adaptation of a firm strategy in small and medium enterprises depends on the management qualification and available project and modeling tools. With regard to the conditions in small Czech companies engaged in agribusiness, we encourage using uncomplicated quantitative models, the results of which can be also valuable. In the contribution, we show the possible utilization of simple additive weighting method for price assessment.

Keywords: decision making; decision support; small and medium enterprises; simple additive weighting method; utilization function; competition (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:52:y:2006:i:4:id:5010-agricecon

DOI: 10.17221/5010-AGRICECON

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