In the context of environmental, social, political, and other circumstances, people make three sorts of judgements to indicate importance, preference, or likelihood and use them to pick the best among choices. They make these decisions based on recalled information or analysis of advantages, costs, and dangers. We can occasionally construct standards of excellence and poorness based on prior information and use them to rank the choices one by one. This is important in instances when established norms must be followed, such as student admissions and wage increases. Without standards, one compares rather than rates options. Comparisons must be consistent within a reasonable range. The rating and comparison procedures are both included in the analytic hierarchy process (AHP). To decide the optimum choice, rationality necessitates the creation of a trustworthy hierarchic structure or feedback network that contains criteria of many forms of impact, stakeholders, and decision alternatives [8].
Miron Pavlus,
Faculty of Management, University of Prešov, Konštantínova 16, 080 01 Prešov, Slovakia.
Rostislav Tomeš,
University College of Business in Prague, Spálená 14, 110 00 Prague, Czech Republic.
Please see the link here: https://stm.bookpi.org/NRAMCS-V4/article/view/7042
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