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Development of Strategies for Taiwan’s Corrugated Box Precision Printing Machine Industry—An Implementation for SWOT and EDAS Methods

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  • Chin-Tsai Lin

    (Department of Business Administration, Ming Chuan University, 250 Zhong Shan N. Rd., Sec. 5, Taipei 111, Taiwan)

  • Cheng-Yu Chiang

    (Department of Business Administration, Ming Chuan University, 250 Zhong Shan N. Rd., Sec. 5, Taipei 111, Taiwan)

Abstract

The small scale of Taiwan’s domestic market due to its land area requires businesses in the corrugated box precision printing machine (CBPPM) industry to formulate developmental strategies to compete on the global market. This study uses the decision-making trial and evaluation laboratory-based analytic network process, an evaluation based on distance from the average solution, and Strengths–Weaknesses–Opportunities–Threats analysis to construct and evaluate a model for the Taiwanese CBPPM industry’s developmental strategies. A hierarchy of five strategies with 16 criteria is established. The results indicate the most critical dimension is Strengths, followed by Threats, Weaknesses, and Opportunities, and that the optimal developmental strategy is a strategic alliance. The findings can provide the CBPPM industry with insights for developing developmental strategies.

Suggested Citation

  • Chin-Tsai Lin & Cheng-Yu Chiang, 2022. "Development of Strategies for Taiwan’s Corrugated Box Precision Printing Machine Industry—An Implementation for SWOT and EDAS Methods," Sustainability, MDPI, vol. 14(9), pages 1-18, April.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:9:p:5144-:d:801249
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    References listed on IDEAS

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    1. Ghi-Feng Yen & Hui-Chun Tsao, 2020. "Reexamining Consumers’ Cognition and Evaluation of Corporate Social Responsibility via a DANP and IPA Method," Sustainability, MDPI, vol. 12(2), pages 1-26, January.
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    3. Svetla Stoilova & Nolberto Munier, 2021. "Analysis of Policies of Railway Operators Using SWOT Criteria and the SIMUS Method: A Case for the Bulgarian Railway Network," Sustainability, MDPI, vol. 13(12), pages 1-21, June.
    4. Yun Zhang & Louise Rysiecki & Yu Gong & Qi Shi, 2020. "A SWOT Analysis of the UK EV Battery Supply Chain," Sustainability, MDPI, vol. 12(23), pages 1-18, November.
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    Cited by:

    1. Ali Firoozzare & Sayed Saghaian & Sasan Esfandiari Bahraseman & Maryam Dehghani Dashtabi, 2023. "Identifying the Best Strategies for Improving and Developing Sustainable Rain-Fed Agriculture: An Integrated SWOT-BWM-WASPAS Approach," Agriculture, MDPI, vol. 13(6), pages 1-16, June.

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