Review of TOPSIS Tools for Small and Medium-sized Enterprises
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F25%3AA0000553" target="_blank" >RIV/47813059:19520/25:A0000553 - isvavai.cz</a>
Result on the web
<a href="https://drive.google.com/file/d/1KgNVquMfYTqiE-EfP4-p3A-SaQeo2Ybs/view" target="_blank" >https://drive.google.com/file/d/1KgNVquMfYTqiE-EfP4-p3A-SaQeo2Ybs/view</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Review of TOPSIS Tools for Small and Medium-sized Enterprises
Original language description
The Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) is a widely used multicriteria decision-making method. However, small and medium-sized enterprises (SMEs) often face challenges in accessing user-friendly and cost-effective TOPSIS software tools. This study provides an overview of available free software solutions that support TOPSIS, with a focus on their usability and applicability for SMEs. The research was conducted by systematically searching online sources for free TOPSIS tools. The key findings indicate a limited number of user-friendly software options, which may hinder the adoption of TOPSIS in SME decision-making processes. As a result, this study presents a structured review of the available tools and highlights their advantages and limitations. The findings emphasize the need for more accessible and intuitive TOPSIS software solutions. Additionally, the study may serve as an impetus for the development of a new, freely available online TOPSIS tool tailored to the needs of SMEs.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
10102 - Applied mathematics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
The 5th International conference on Decision making for Small and Medium-Sized Enterprises
ISBN
9788075106100
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
101-110
Publisher name
Silesian University in Opava, School of Business Administration in Karviná
Place of publication
Karviná
Event location
Karviná
Event date
May 22, 2025
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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