Multi-criteria Assessment of Inter-company Comparison using WASPAS Method

Abstract

Adequate comparative performance of competing firms for quantitative evaluation and ranking several financial ratios must be considered simultaneously. This article is inter-institutional Examines the comparative process, A multi-criteria analysis model creates; The WASPAS approach identifies "For assessment purposes" Relevance of financial ratios in every financial ratio Inter-organizational Performance differences can be addressed. Through the interdependence of this assessment result is not conclusive ensures that Ratios, objective weights are used; consequently, the comparative process Conducted on a generally accepted basis and does not depend on the subjective preferences of various stakeholders. Inter-organizational In the comparative problem approach, Funding rates used the results reflect the information result shows that Comparison of objective weighting methods to other methods compares favorably with the WASPAS approach. Compare five firms (A1, A2, A3, A4, and A5) in the textile industry. A case study took this alternative approach and evaluated profitability, productivity, market position and debt ratio. A1 in 1st rank, A4 in 2nd rank, A5 in 3rd rank, A2 is at 4th rank and A3 is at 5th rank.