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Interpretive Structural Modeling to Understand Factors Influencing Buying Behavior of Air Freshener

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Optimization and Inventory Management

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Abstract

In order to gain “loyalty”, a firm has to maintain “quality” that defines acceptability of its offerings. In the era of globalization, all industries face cutting-edge competition and it becomes difficult to survive for less qualitative products. This paper is an attempt to study attributes preferred by air freshener buyers. A multi-scaling technique, interpretive structural modeling (ISM), has been applied to understand and find the contextual relationship amongst the various attributes under study. Furthermore, MICMAC classification has been done to determine the autonomous, dependent, linkage and independent nature of the factors. Out of 14 attributes, only 5 comes out to be independent which are the deriving attributes for the rest of attributes. The findings can also help company policymakers with understanding the interrelated attributes associated with trustworthiness in the context of air freshener industry and implement them in effective strategic planning. This study has been carried out in one of the metropolitan cities of India and results obtained are significant.

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Correspondence to Anurag Kumar .

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Aggrawal, D., Singh, J., Kumar, A., Anand, A. (2020). Interpretive Structural Modeling to Understand Factors Influencing Buying Behavior of Air Freshener. In: Shah, N., Mittal, M. (eds) Optimization and Inventory Management. Asset Analytics. Springer, Singapore. https://doi.org/10.1007/978-981-13-9698-4_24

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