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Journal ArticleDOI

A new hybrid MCDM model combining DANP with VIKOR to improve e-store business

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TLDR
A new hybrid Multiple Attribute Decision Making (MADM) model is proposed, combining the Decision Making Trial and Evaluation Laboratory (DEMATEL), DEMATEL-based Analytic Network Process (DANP), and VIsekriterijumsko KOmpromisno Rangiranje (VIKOR) methods to solve customer satisfaction problems.
Abstract
Many consumers today buy products and services from e-stores. Because e-store managers are responsible for allocating different resources, it is essential that they understand consumers' shopping behaviour to provide the best possible value for visitors to their websites. Therefore, the purpose of this article is to focus on assessing and improving strategies to reduce the gaps in customer satisfaction caused by interdependence and feedback problems among dimensions and criteria to achieve the aspiration level. We propose a new hybrid Multiple Attribute Decision Making (MADM) model, combining the Decision Making Trial and Evaluation Laboratory (DEMATEL), DEMATEL-based Analytic Network Process (DANP), and VIsekriterijumsko KOmpromisno Rangiranje (VIKOR) methods to solve these problems. Then, three real cases are used to illustrate how the proposed new hybrid Multiple Criteria Decision-Making (MCDM) model improves e-store business. These results can provide e-store managers with a knowledge-based understanding of how to create marketing strategies that reduce the performance gaps of dimensions and criteria to satisfy consumers' needs and encourage customers to purchase more.

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Citations
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Book ChapterDOI

Multiple criteria decision making

TL;DR: In this Chapter, a decision maker (or a group of experts) trying to establish or examine fair procedures to combine opinions about alternatives related to different points of view is imagined.
Journal ArticleDOI

Application of the GIS-DANP-MABAC multi-criteria model for selecting the location of wind farms: A case study of Vojvodina, Serbia

TL;DR: A sensitivity analysis indicates that the model is useful for identifying suitable locations for the development of wind farm projects, as well as for assessing the suitability of already licensed projects for the construction of wind farms.
Journal ArticleDOI

An analysis of DEMATEL approaches for criteria interaction handling within ANP

TL;DR: The general picture is depicted, which provides a classification of methods related to criteria interaction phenomenon, and the Decision-Making Trial and Evaluation Laboratory (DEMATEL) and Analytical Network Process (ANP) hybridizations first time in the literature are discussed/reviewed.
Journal ArticleDOI

An integrated DEMATEL-ANP approach for renewable energy resources selection in Turkey

TL;DR: In this paper, a multi-criteria decision-making approach is applied using the Decision Making Trial and Evaluation Laboratory Model (DEMATEL) technique, integrated with ANP for selecting the most appropriate RER in Turkey from an investor-focused perspective.
Journal ArticleDOI

VIKOR Technique: A Systematic Review of the State of the Art Literature on Methodologies and Applications

TL;DR: A systematic review of the VlseKriterijuska Optimizacija I Komoromisno Resenje (VIKOR) method in several application areas such as sustainability and renewable energy is presented in this article.
References
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Competitive advantage: creating and sustaining superior performance

M.E. Ponter
TL;DR: Porter's concept of the value chain disaggregates a company into "activities", or the discrete functions or processes that represent the elemental building blocks of competitive advantage as discussed by the authors, has become an essential part of international business thinking, taking strategy from broad vision to an internally consistent configuration of activities.
Book

Satisfaction: A Behavioral Perspective On The Consumer

TL;DR: Satisfaction: Satisfaction is defined as "the object of desire" as mentioned in this paper, and it is defined by attributes, features, and dimensions of a person's attributes and dimensions.
Journal ArticleDOI

Compromise solution by MCDM methods: A comparative analysis of VIKOR and TOPSIS

TL;DR: A comparative analysis of the multiple criteria decision making methods VIKOR and TOPSIS is illustrated with a numerical example, showing their similarity and some differences.
Journal Article

Strategy and the Internet.

TL;DR: Porter as discussed by the authors argues that the Internet is not disruptive to most existing industries and established companies and, contrary to recent thought, the Internet itself will be neutralized as a source of advantage.
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Decision making with dependence and feedback : the analytic network process

TL;DR: The Analytic Network Process is particularly useful to project the future of a group or company considering all the influences and risks: economic, social, political, technological, environmental, and others.
Related Papers (5)
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Which strategies enhance e-Customer Satisfaction?

The hybrid MCDM model combining DANP with VIKOR helps reduce gaps in customer satisfaction by improving strategies based on interdependence and feedback problems among dimensions and criteria in e-store businesses.