THE IMPORTANCE OF THE FEASIBILITY STUDY FOR THE BUSINESS PLAN

Ceausescu Ionut
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Ceausescu Ionut: CONSTANTIN BRANCUSI UNIVERSITY, THE FACULTY OF ECONOMIC SCIENCES

Annals - Economy Series, 2015, vol. Special, 515-519

Abstract: The micro and macro-economical development of the world states is strongly influenced by the volume,structure and dynamic of finalized investment or being in various stages of progress The whole individual and social-human existence has its continuity and support in the area of investments. Looked at from the point of view of theory, as a complex and controversial financial category, appears to us in the investment plan as a practical reality that marks the past and future scans. In community life, occupying a central place investment, a factor which influences the application simultaneously, as well as the offer of goods or services. The argument in favor of this is given by the processes of training and multiplier effects generated by any investment project, whatever the sector of activity in which it applies. Implementation of a project in the sphere of production of goods and/or services has the effect increasing the diversification of supply and thus if it is validated by the market, rising incomes of economic agents. Investment project does not represent anything other than a set of tasks with a start and an end established, limited time, resources and budget, made in order to achieve a defined objective, the projects have become practically the main operational tool at the level of organizations, in the investment plan. Thus, in this study we propose to emphasize the importance of documentation that underpins the implementation of an investment project.

Keywords: investment projects; pre-feasibility study; feasibility study; business plan (search for similar items in EconPapers)
Date: 2015
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