A Comprehensive Literature Review of Mcdm Techniques Electre, Promethee, Vikor and Topsis Applications in Business Competitive Environment

Purpose Making techniques PROMETHEE, direction of research in this emerging field. Design/Methodology/Approach: literature related to MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS. Literature has been segregated to understand various issues and work related to MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS. A detailed review is used to sort out the literature and develop the research direction of the study. The review is focussed on development and improvement of MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS including all th to the implementation of these methods in various sectors including energy, transportation etc. A literature seems to be a valid approach, as a necessary step in structuring a research field. Findings: PROMETHEE, ELECTRE, VIKOR and TOPSIS and to classify them to identify gaps in literature and opportunities for future research. The paper has provided an integrative framework for study and implementation of MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS. The findings also identify a number of issue that need to be addressed. Research limitations/Implications be used to focus efforts on key areas so as to ensure speedy and comprehensive implementation of MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS. Practical implications in various fields to select the best alternatives/solution and in implementation of MCDM techniques. Originality/Value implementation of MCDM techniques PROMETHEE, ELE methodological review will provide better understanding of the current state of the research in the discipline.