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Title Prioritization of Business Strategies and Marketing Resources Using the Analytic Network Process (ANP) Approach
ID_Doc 71042
Authors Tohidi, A; Ghorbani, M; Karbasi, AR; Asgharpourmasouleh, A; Hassani-Mahmooei, B
Title Prioritization of Business Strategies and Marketing Resources Using the Analytic Network Process (ANP) Approach
Year 2020
Published Journal Of Agricultural Science And Technology, 22.0, 3
DOI
Abstract Today, with the growing competition in domestic and international markets, the ability of agribusiness companies to survive and to grow depends on choosing and implementing a sustainable business strategy. However, this task actually is not as easy as it seems, because it is important to consider various criteria and interrelations between them for choosing the best business strategy. Additionally, matching business strategy with organizational resources is essential for gaining a competitive advantage. Using the ANP model, the purpose of the current study was to select the most suitable business strategy for one of the largest saffron companies in Iran. The results revealed that differentiation strategy had the highest priority with 39% of the influence. Another finding was that managerial capabilities among organizational resources were relatively more important in choosing a business strategy. According to the findings of the study, it is suggested that agribusiness firm managers pay special attention to three important elements, namely, improving the financial condition, knowing the needs of customers, and creation of new innovative products or services, to implement a differentiation strategy.
Author Keywords Agribusiness; Competitive advantage; Differentiation strategy; Organizational resources; Resource-based view
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000529527900002
WoS Category Agriculture, Multidisciplinary
Research Area Agriculture
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