EVALUATION OF THE STRATEGIES OF TARGET MARKET SELECTION ON THE BASIS OF IFE AND EFE MATRIXES USING LINMAP TECHNIQUE (A CASE STUDY OF BUSHEHR PROVINCE)

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SHAHBANDARZADEH HAMID; HAGHIGHAT FATEMEH

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Journal: Interdisciplinary Journal of Management Studies Year:2010 | Volume:3 | Issue:3 Page(s): 41-58

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Title

EVALUATION OF THE STRATEGIES OF TARGET MARKET SELECTION ON THE BASIS OF IFE AND EFE MATRIXES USING LINMAP TECHNIQUE (A CASE STUDY OF BUSHEHR PROVINCE)

Author(s)

SHAHBANDARZADEH HAMID | HAGHIGHAT FATEMEH | Issue Writer Certificate

Keywords

INTERNATIONAL MARKETING STRATEGIES

IFE MATRIX

EFE MATRIX

LINMAP TECHNIQUE

BORDA METHOD

Abstract

One of the most important requirements of developing appropriate strategies for international marketing is correct identification of target markets. Using quantitative techniques and decision making skills will lead to better results regarding the evaluation of marketing strategies. In this study, first we have used internal factor evaluation (IFE) matrix for recognizing and comparing strengths and weaknesses (internal factors) of Bushehr export companies regarding participation in their target markets and then we have used external factor evaluation (EFE) matrix for recognizing and comparing opportunities and threats (external factors).As the effective criteria have been categorized in this four level (strengths, weaknesses, opportunities and threats), we have used LINMAP TECHNIQUE separately for each level and at last we' ve unified the results of each level by using of BORDA METHOD.The findings of this study help decision-makers of international trading to investigate the results of their decisions in a more logical and efficient way.

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APA: Copy

SHAHBANDARZADEH, HAMID, & HAGHIGHAT, FATEMEH. (2010). EVALUATION OF THE STRATEGIES OF TARGET MARKET SELECTION ON THE BASIS OF IFE AND EFE MATRIXES USING LINMAP TECHNIQUE (A CASE STUDY OF BUSHEHR PROVINCE). IRANIAN JOURNAL OF MANAGEMENT STUDIES, 3(3), 41-58. SID. https://sid.ir/paper/703403/en

Vancouver: Copy

SHAHBANDARZADEH HAMID, HAGHIGHAT FATEMEH. EVALUATION OF THE STRATEGIES OF TARGET MARKET SELECTION ON THE BASIS OF IFE AND EFE MATRIXES USING LINMAP TECHNIQUE (A CASE STUDY OF BUSHEHR PROVINCE). IRANIAN JOURNAL OF MANAGEMENT STUDIES[Internet]. 2010;3(3):41-58. Available from: https://sid.ir/paper/703403/en

IEEE: Copy

HAMID SHAHBANDARZADEH, and FATEMEH HAGHIGHAT, “EVALUATION OF THE STRATEGIES OF TARGET MARKET SELECTION ON THE BASIS OF IFE AND EFE MATRIXES USING LINMAP TECHNIQUE (A CASE STUDY OF BUSHEHR PROVINCE),” IRANIAN JOURNAL OF MANAGEMENT STUDIES, vol. 3, no. 3, pp. 41–58, 2010, [Online]. Available: https://sid.ir/paper/703403/en

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