Choice of Franchises Considering Multicriteral Decision and Risk-Cost Assessment

This paper proposes a model for the selection of the most attractive franchises by an alleged franchisee. To do so, using the structure that contemplates the main factors of choice of franchises developed by Silveira (2016), two techniques were used to technically subsidize what would be the most in...

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Main Author: Fernando Mynarski Silveira
Format: Article
Language:English
Published: Faculdade Meridional IMED 2018-12-01
Series:Revista de Administração IMED
Online Access:https://seer.imed.edu.br/index.php/raimed/article/view/2585
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author Fernando Mynarski Silveira
author_facet Fernando Mynarski Silveira
author_sort Fernando Mynarski Silveira
collection DOAJ
description This paper proposes a model for the selection of the most attractive franchises by an alleged franchisee. To do so, using the structure that contemplates the main factors of choice of franchises developed by Silveira (2016), two techniques were used to technically subsidize what would be the most indicated franchise to be chosen: (i) The multicriteria decision method MAUT (Multi-Attribute Utility Theory), and (ii) The Monte Carlo method. Six-segment franchises were investigated in Porto Alegre, Brazil: (i) Children's language school; (ii) Convenience store for gas stations; (iii) Oil change at gas stations; (iv) Real estate; (v) Clock and optics; and (vi) Health, beauty and well-being. At the end, the convergent and divergent results of both tools were compared and a brief analysis was made of the advantage of using the Monte Carlo method on the use of MAUT.
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spelling doaj.art-cb0ac4ba081f456698a889e7f422ca9f2022-12-22T00:02:05ZengFaculdade Meridional IMEDRevista de Administração IMED2237-79562018-12-0182618910.18256/2237-7956.2018.v8i2.25851233Choice of Franchises Considering Multicriteral Decision and Risk-Cost AssessmentFernando Mynarski Silveira0UFRGSThis paper proposes a model for the selection of the most attractive franchises by an alleged franchisee. To do so, using the structure that contemplates the main factors of choice of franchises developed by Silveira (2016), two techniques were used to technically subsidize what would be the most indicated franchise to be chosen: (i) The multicriteria decision method MAUT (Multi-Attribute Utility Theory), and (ii) The Monte Carlo method. Six-segment franchises were investigated in Porto Alegre, Brazil: (i) Children's language school; (ii) Convenience store for gas stations; (iii) Oil change at gas stations; (iv) Real estate; (v) Clock and optics; and (vi) Health, beauty and well-being. At the end, the convergent and divergent results of both tools were compared and a brief analysis was made of the advantage of using the Monte Carlo method on the use of MAUT.https://seer.imed.edu.br/index.php/raimed/article/view/2585
spellingShingle Fernando Mynarski Silveira
Choice of Franchises Considering Multicriteral Decision and Risk-Cost Assessment
Revista de Administração IMED
title Choice of Franchises Considering Multicriteral Decision and Risk-Cost Assessment
title_full Choice of Franchises Considering Multicriteral Decision and Risk-Cost Assessment
title_fullStr Choice of Franchises Considering Multicriteral Decision and Risk-Cost Assessment
title_full_unstemmed Choice of Franchises Considering Multicriteral Decision and Risk-Cost Assessment
title_short Choice of Franchises Considering Multicriteral Decision and Risk-Cost Assessment
title_sort choice of franchises considering multicriteral decision and risk cost assessment
url https://seer.imed.edu.br/index.php/raimed/article/view/2585
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