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A Matrix Approach to Vendor Selection for Small Business Buyers

Author

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  • L. Lee Manzer
  • R. Duane Ireland
  • Philip M. Van Auken

Abstract

This paper focuses on a quantifiable matrix approach for small business vendor selection. The matrix evaluates many of the critical decisional variables in vendor selection, showing considerable sensitivity to subjective processes. The speed and simplicity of the matrix are uniquely suited to the problems and constraints frequently encountered by small business firms.

Suggested Citation

  • L. Lee Manzer & R. Duane Ireland & Philip M. Van Auken, 1980. "A Matrix Approach to Vendor Selection for Small Business Buyers," Entrepreneurship Theory and Practice, , vol. 4(3), pages 21-28, January.
  • Handle: RePEc:sae:entthe:v:4:y:1980:i:3:p:21-28
    DOI: 10.1177/104225878000400305
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    References listed on IDEAS

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    1. Radford, KJ, 1975. "Applications of metagame theory in managerial decision making," Omega, Elsevier, vol. 3(3), pages 303-312, June.
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    Cited by:

    1. Irfan Ali & Armin Fügenschuh & Srikant Gupta & Umar Muhammad Modibbo, 2020. "The LR-Type Fuzzy Multi-Objective Vendor Selection Problem in Supply Chain Management," Mathematics, MDPI, vol. 8(9), pages 1-25, September.

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