Empirical Study on Evaluating Value Creation Strategy Performance Based on GRA and Fuzzy TOPSIS

In this paper, we combine GRA (grey relation analysis) with fuzzy TOPSIS to evaluate performance of iron and steel companies. In the empirical study of a Chinese iron and steel company, we apply grey relation analysis to find representative indices. Then fuzzy TOPSIS is utilized to evaluate the value creation strategy performance of the company. By the evaluation, we can get the conclusion that the value creation strategy provided by Ruosheng...