Analyzing business competition by using fuzzy TOPSIS method: An example of Turkish domestic airline industry

  • Authors:
  • Gokhan Torlak;Mehmet Sevkli;Mehmet Sanal;Selim Zaim

  • Affiliations:
  • Fatih University, Faculty of Economics and Administrative Sciences, Department of Management, Buyukcekmece, Istanbul 34500, Turkey;Fatih University, Faculty of Engineering, Department of Industrial Engineering, Buyukcekmece, Istanbul 34500, Turkey;Fatih University, Faculty of Economics and Administrative Sciences, Department of Management, Buyukcekmece, Istanbul 34500, Turkey;Fatih University, Faculty of Economics and Administrative Sciences, Department of Management, Buyukcekmece, Istanbul 34500, Turkey

  • Venue:
  • Expert Systems with Applications: An International Journal
  • Year:
  • 2011

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Abstract

The article uses fuzzy TOPSIS multi-methodological approach in the Turkish domestic airline industry. It starts by describing exceedingly complex nature of competition in the sector. Then, it deals with the constituent parts of the research methodology and the eclectic approach itself. The implementation of fuzzy TOPSIS method in the Turkish domestic airline industry reveals the ranking of major air carriers in light of key success variables in the sector. The article also provides an evaluation of empirical findings of fuzzy TOPSIS method from a managerial perspective.