Accuracy of financial performance analysis of a company has great importance in the purpose of future decisions. Multiple factors are taken into consideration while analysing financial performance of companies. For this reason, Multi-Criteria Decision Making (MCDM) methods are appropriate for financial performance analysis. In this study, performances of BIST Chemical Petroleum Plastic Index (XKMYA) which includes 24 companies were evaluated and put in order. Determinated criteria were evaluated by Analytic Hierarchy Process (AHP) method for obtaining criteria weights. Then, performances of companies were evaluated by VIKOR, TOPSIS, GRA and MOORA methods by means of year 2015 annual financial statements. As a result of this study, 4 different MCDM methods were compared.
In a globalised business world, reaching the basic goal of companies which is profit maximisation has become such competitive for both manufacturing and service firms. While reaching this basic goal, increasing income is not sufficient, but also minimising the costs is required. One of the long-term cost decisions, location selection, needs to be considered in detailed by business firms. Especially for a firm in service sector, there are other goals and responsibilities such as satisfying permanently changing needs and expectations of customers. As the wedding sector has a growing share in the economy, the choice of office location for companies operating in this sector has gained great importance. In the light of this purpose, there are some criteria determined in location selection decision for a business firm which operates in the wedding sector. In this research, the criteria used in office location selection have been chosen by literature review and experts' views. These criteria are weighted by fuzzy analytic hierarchy process (AHP). Then, using the weighted criteria, the best option among the alternative offices from different locations is chosen by Vise Kriterijumska Optimizacija I Kompromisno Resenje (VIKOR) technique.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.