The Study of Applying Grey Theory to Business OperationinDecision Making—A Case of Vinamilk Company in Vietnam
碩士 === 國立高雄應用科技大學 === 資通產品研發與生產碩士外國學生專班 === 101 === Since Vietnam was officially admitted to the World Trade Organisation (WTO) in November 2006, its domestic enterprises have been facing many new opportunities and challenges with energy. However, to survive and grow in this emerging market, a firm...
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ndltd-TW-101KUAS16520122015-10-13T22:19:08Z http://ndltd.ncl.edu.tw/handle/51619302798507612962 The Study of Applying Grey Theory to Business OperationinDecision Making—A Case of Vinamilk Company in Vietnam 應用灰色理論在企業的決策經營之研究 —以在越南Vinamilk 公司的個案為例 Hoang Phuoc Hieu 黃福孝 碩士 國立高雄應用科技大學 資通產品研發與生產碩士外國學生專班 101 Since Vietnam was officially admitted to the World Trade Organisation (WTO) in November 2006, its domestic enterprises have been facing many new opportunities and challenges with energy. However, to survive and grow in this emerging market, a firm requires more cutting-edge or advantageous strategies to outperform their competitors. This necessitates the direction and goals for a firm in the way that it can predict its revenue in the coming future. This is because revenue is a specific indicator which may reflect the results of the enterprise more accurately. In this study, we apply Grey System Theory-GM (1, 1) based on the statistics provided by the Vietnam dairy Products Joint-Stock Company (Vinamilk) from 2005 to 2012 and make prediction values for two years, i.e., 2013 and 2014. The results which help enterprises to figure out the target in the near future are shown with low tolerance proven by Mean Absolute Percent Error (MAPE). From this study, a useful method can be provided in the case of the Vietnam dairy Products Joint–Stock Company and the results may shed insight into decision-making concerning the direction of a firm, to improve economic efficiency and to determine the financial performance of the business now, and it is the basis for determining results of operations for production the following period. These results are very valuable for both academic study and business field in the future. Lai–Wang Wang 王來旺 2013 學位論文 ; thesis 60 en_US |
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碩士 === 國立高雄應用科技大學 === 資通產品研發與生產碩士外國學生專班 === 101 === Since Vietnam was officially admitted to the World Trade Organisation (WTO) in
November 2006, its domestic enterprises have been facing many new opportunities
and challenges with energy. However, to survive and grow in this emerging market, a
firm requires more cutting-edge or advantageous strategies to outperform their
competitors. This necessitates the direction and goals for a firm in the way that it can
predict its revenue in the coming future. This is because revenue is a specific indicator
which may reflect the results of the enterprise more accurately.
In this study, we apply Grey System Theory-GM (1, 1) based on the statistics
provided by the Vietnam dairy Products Joint-Stock Company (Vinamilk) from 2005
to 2012 and make prediction values for two years, i.e., 2013 and 2014. The results
which help enterprises to figure out the target in the near future are shown with low
tolerance proven by Mean Absolute Percent Error (MAPE). From this study, a useful
method can be provided in the case of the Vietnam dairy Products Joint–Stock
Company and the results may shed insight into decision-making concerning the
direction of a firm, to improve economic efficiency and to determine the financial
performance of the business now, and it is the basis for determining results of
operations for production the following period. These results are very valuable for
both academic study and business field in the future.
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author2 |
Lai–Wang Wang |
author_facet |
Lai–Wang Wang Hoang Phuoc Hieu 黃福孝 |
author |
Hoang Phuoc Hieu 黃福孝 |
spellingShingle |
Hoang Phuoc Hieu 黃福孝 The Study of Applying Grey Theory to Business OperationinDecision Making—A Case of Vinamilk Company in Vietnam |
author_sort |
Hoang Phuoc Hieu |
title |
The Study of Applying Grey Theory to Business OperationinDecision Making—A Case of Vinamilk Company in Vietnam |
title_short |
The Study of Applying Grey Theory to Business OperationinDecision Making—A Case of Vinamilk Company in Vietnam |
title_full |
The Study of Applying Grey Theory to Business OperationinDecision Making—A Case of Vinamilk Company in Vietnam |
title_fullStr |
The Study of Applying Grey Theory to Business OperationinDecision Making—A Case of Vinamilk Company in Vietnam |
title_full_unstemmed |
The Study of Applying Grey Theory to Business OperationinDecision Making—A Case of Vinamilk Company in Vietnam |
title_sort |
study of applying grey theory to business operationindecision making—a case of vinamilk company in vietnam |
publishDate |
2013 |
url |
http://ndltd.ncl.edu.tw/handle/51619302798507612962 |
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