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Quantitative evaluation of enterprise marketing activities

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TLDR
In this paper, the authors focus on the analysis of marketing strategy effectiveness and the problem of adequate evaluation of their weights, which is a complex multi-faceted phenomenon and its various aspects are described by multidimensional and often oppositely directed criteria.
Abstract
The growing competition on the international markets means that the importance of enterprise marketing activities is increasing. However, the attention paid to theoretical and practical marketing problems by enterprises is insufficient. This particularly refers to the analysis of marketing strategy effectiveness. It is not clear how marketing affects enterprise performance. To perform this analysis, the quantitative evaluation of enterprise marketing activities is required. Enterprise marketing is a complex multi-faceted phenomenon. Its various aspects are described by multidimensional and often oppositely directed criteria. Therefore, in this case, multicriteria evaluation methods can be successfully used for analysis. The state of the enterprise marketing system is described by sets of criteria. Therefore, the problem of adequate evaluation of their weights arises. Sometimes, it is possible to reduce the number of evaluation criteria by developing their hierarchical system. However, the questio...

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References
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BookDOI

Multiple criteria decision analysis: state of the art surveys

TL;DR: In this article, the authors present a survey of the state of the art in multiple criterion decision analysis (MCDA) with an overview of the early history and current state of MCDA.
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Multiple criteria decision making (MCDM) methods in economics: an overview

TL;DR: A panorama of decision making methods in economics and summarizes the most important results and applications over the last five years can be found in this article, where the authors consider decision making in light of the recent developments of multiple criteria decision-making methods.
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The Comparative Analysis of MCDA Methods SAW and COPRAS

TL;DR: The main features of multicriteria evaluation methods SAW and COPRAS and their common and diverse characteristics are described, as well as defining and demonstrating the properties of the method COPRas, wMch are of great theoretical and practical value.
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A Review of Marketing Mix: 4Ps or More?

TL;DR: A review of the marketing mix applies particularly to the marketing can be found in this paper, where the authors present an up-to-date picture of the current standing in the debate around the mix as marketing paradigm and predominant marketing management tool by reviewing academic views from five marketing management sub-disciplines (consumer marketing, relationship marketing, services marketing, retail marketing and industrial marketing).
Journal ArticleDOI

Robustness of MULTIMOORA: A Method for Multi-Objective Optimization

TL;DR: Multi-Objective Optimization takes care of different objectives with the objectives keeping their own units and forms a guaranty for a solution being as non-subjective as possible.
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