Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis is a popular tool which examines strengths and weaknesses (internal factors) of an organization or industry together with opportunities and threats (external factors) of the marketplace environment. SWOT analysis is the best method to provide the basic outline to take strategic decisions. In this study, we have integrated SWOT ana...

This study proposes a newly structured Quantified SWOT Analytical Method for strategy development and evaluation to provide operational achievement. In the proposed methodology, while SWOT analysis supports the decision situation by structuring the decision hierarchy, Analytic Hierarchy Process (AHP) measures the relative importance of the SWOT factors in this hierarchy. Using the quantitativel...

Successful strategic decisions provide the appropriate operational actions for the right markets at the correct time. Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis is a generally used tool which examines strengths and weaknesses of organization or industry together with opportunities and threats of the marketplace environment. SWOT framework provides the basic outline in whic...

With current increased applications of web-based management systems, the number of fatalities occasioned by human error in industrial plants has significantly reduced. Distributed control system used in industries for monitoring and control techniques offers reprieve to plant managers by offsetting the number of threats to plant operations through early detections and interventions. Even though...

Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis does not provide an analytical means to determine the importance of the identified factors or the ability to assess decision alternatives according to these factors. Although the analysis successfully pinpoints the factors, individual factors are usually described briefly and very generally. For this reason, SWOT analysis possesse...

This paper proposes an integrated framework for analysis of an electricity supply chain using an integrated SWOT-fuzzy TOPSIS methodology combined with Analytic Hierarchy Process (AHP). The paper is divided into twomain sections. In the firstmain section, the integrated framework comprising a qualitative framework and a quantitative framework is presented. In the qualitative framework, a genera...

SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses/Limitations, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. Turkish electronics industry is conti...

Currently competitive world outsourcing is one of the important strategies used by modern enterprises. Contractor selection is characterized as a multi-criteria decision-making problem that comprises tangible and intangible factors. Previous contractor selection techniques do not consider strategic perspective. This paper applied quantified SWOT in the context of contractor selection under a fu...