Title: Impact analysis of political decisions on business sustainability

Authors: Şule Eryürük; Ichiro Koshijima; Tomoyuki Kato

Addresses: Department of Management Engineering, Graduate School of Engineering, Nagoya Institute of Technology, Gokiso-cho, Showa-ku, Nagoya, Aichi, 466-8555, Japan ' Graduate School of Engineering, Nagoya Institute of Technology, Gokiso-cho, Showa-ku, Nagoya, Aichi, 466-8555, Japan ' Department of Management Engineering, Graduate School of Engineering, Nagoya Institute of Technology, Gokiso-cho, Showa-ku, Nagoya, Aichi, 466-8555, Japan

Abstract: In recent times, rapidly growing negative impacts on environment and new global trade conditions have caused international regulations and governmental laws to be more sensitive and strict about sustainability issues in their policy decisions. Therefore, a significant pressure on business has occurred to be more flexible to meet the revisions that affect industrial structures. Business sustainability has been affected easily by these revisions. This study explains the influence of regulations and policies on industries' strategic decisions simultaneously. In this paper, authors aim to develop a generic decision-making strategy to represent scenario generation mechanism by unified matrix for interactive impacts structure which can define the relations between criteria and functions of closed-loop supply chain from planning to the 3R activities (reuse, recover, recycle) level. In this scenario generation mechanism, the results could be applicable in analytical solution methodology of mathematical modelling. The parameters coefficients and the weights of each objective function in model are related to the range of evaluation results. The coefficients are defined by the probable range of results considering the effects of stakeholders in each function and sustainability issues from unified matrix.

Keywords: unified matrix; business sustainability; policy making; network design; impact analysis; scenario generation; closed-loop supply chains; CLSC; supply chain management; SCM; political decisions; international regulations; governmental laws; supply chain planning; product reuse; product recovery; product recycling; sustainable development.

DOI: 10.1504/AJMSA.2014.070664

Asian Journal of Management Science and Applications, 2014 Vol.1 No.4, pp.355 - 373

Received: 07 Mar 2014
Accepted: 07 Oct 2014

Published online: 15 Jul 2015 *

Full-text access for editors Access for subscribers Purchase this article Comment on this article