Title: Prioritisation of barriers to rural markets: integrating fuzzy logic and AHP
Authors: Anita Sengar; Vinay Sharma; Rajat Agrawal; Kumkum Bharti
Addresses: Department of Management Studies, Indian Institute of Technology, Roorkee, 247667 Uttarakhand, India ' Department of Management Studies, Indian Institute of Technology, Roorkee, 247667 Uttarakhand, India ' Department of Management Studies, Indian Institute of Technology, Roorkee, 247667 Uttarakhand, India ' Department of Management Studies, Indian Institute of Technology, Roorkee, 247667 Uttarakhand, India
Abstract: An identification and prioritisation of the significant barriers to rural markets is a prerequisite to deal with these markets effectively. The purpose of this paper is to identify and prioritise the major barriers to the rural markets in India. The methodology adopted was qualitative for collecting response from experts from academia and industry. Analytic hierarchy process (AHP) and fuzzy set theory is used for analysis. The study includes a comparative analysis of the responses from different groups of experts. Among all factors, organisational barriers emerged as the most important barrier category, followed by the operating environment barrier, product related barriers and customer related barriers. Organisational barriers, including top management commitment, their willingness and marketing team have emerged as the top hindrance in catering to rural markets. This paper signifies the importance of corporate orientation and decision-making along with product research and innovation supported by process innovation and infrastructural development wherever possible. The findings of the research can help top management and assist practitioners devise a strategy for rural markets
Keywords: market barriers; rural markets; fuzzy AHP; FAHP; analytical hierarchy process; India; rural areas; fuzzy logic; organisational barriers; top management commitment; marketing; corporate orientation; decision making; product research; process innovation; infrastructure development.
DOI: 10.1504/IJBEM.2014.065584
International Journal of Business and Emerging Markets, 2014 Vol.6 No.4, pp.371 - 394
Received: 04 Mar 2014
Accepted: 11 Jul 2014
Published online: 08 Nov 2014 *