Multiple-Criteria Assessment of the Macro Environment of New Construction Companies of the Baltic States

• Authors: Algis Žvirblis , Izolda Krutkienė , Rolandas Vitkunas

Abstracts

EN

The paper reviews the mathematical model and the results of complex qualitative as well as quantitative assessment of marketing environment of new construction companies. Assessment of business environment tends to gain increasing significance; first of all, to validate strategic marketing management decisions. However, qualitative analysis of environment components is the most frequent. Simultaneously, it is highly stressed that quantitative assessment is promising, thus its use to evaluate marketing environment is relevant. The article presents the developed methodology for complex assessment of factors of new construction companies marketing environment. The essential steps of the assessment are identification of environment factors, qualitative analysis of primary factors and quantitative assessment of marketing environment on the basis of multiple-criteria analysis. A system of evaluation of criteria and models has been developed for this purpose; so the methodology includes a three-stage system of quantitative assessment of marketing environment. The ways to apply this methodology are revealed by analysing and evaluating marketing environment of the Baltic States' new construction companies, by determining new opportunities and threats, which must be considered while making environment-friendly strategic decisions.

Keywords

EN

marketing environment of construction companies; environment components; multi-sets of factors; quantitative assessment; multiple-criteria analysis; Simple Additive Weighting method

• Publisher: Sciendo
• Journal: Issues of Business and Law
• Year: 2009
• Volume: 1
• Issue: 1
• Pages: 42-53

Contributors

author

Algis Žvirblis

• Faculty of Economics and Finance, Mykolas Romeris University, Ateities str. 20, LT-08303 Vilnius, Lithuania

author

Izolda Krutkienė

• Vilnius Law and Business College, Laisvės Ave. 58, LT-05120 Vilnius, Lithuania

author

Rolandas Vitkunas

• Dean of Faculty Economics, Vilnius Law and Business College, Laisvės Ave. 58, LT-05120 Vilnius, Lithuania

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Identifiers

DOI

10.2478/v10088-009-0005-x