Impact analysis of political decisions on business sustainability Online publication date: Thu, 16-Jul-2015
by Şule Eryürük; Ichiro Koshijima; Tomoyuki Kato
Asian J. of Management Science and Applications (AJMSA), Vol. 1, No. 4, 2014
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.
Online publication date: Thu, 16-Jul-2015
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