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Applying Group Decision Making Methods in Business Processes

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090878" target="_blank" >RIV/61989100:27510/14:86090878 - isvavai.cz</a>

  • Result on the web

    <a href="http://dx.doi.org/10.4028/www.scientific.net/AMM.693.237" target="_blank" >http://dx.doi.org/10.4028/www.scientific.net/AMM.693.237</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.4028/www.scientific.net/AMM.693.237" target="_blank" >10.4028/www.scientific.net/AMM.693.237</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Applying Group Decision Making Methods in Business Processes

  • Original language description

    The aim of this applied research is to focus on real-life application of multiple attribute decision making (MADM) method and its adaptation in a way which can be acceptable for business practice. The study will apply the group decision making methods ona Balance Scorecard (BSC) as a type of performance measurement and strategic decision making. The study is mainly concerned with multiple criteria decomposition method of analytic hierarchy process (AHP) method. This technique has been already applied in several business domains such as planning, strategic decision making based on SWOT; Porter?s generic strategies; benchmarking; business performance evaluation; logistics etc. However, majority of the implementation was only presented as an example howit could work in practice, but they were not investigated as a part of continual business decision making. In this paper the AHP method will be used to determine which criteria is most important for the company within the balance scorecar

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Novel Trends in Production Devices and Systems II

  • ISBN

    978-3-03835-313-3

  • ISSN

    1660-9336

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    237-242

  • Publisher name

    Trans Tech Publications

  • Place of publication

    Durnten-Zurich

  • Event location

    Trnava

  • Event date

    Sep 23, 2014

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article