The Role of the Feasibility Study in Business Development : Case: ZAO Sibirit-3

Nowadays, a feasibility study is a very popular tool in companies, as it is helpful in checking the planned project. The main idea is to estimate if the project technically, economically and operationally is feasible. In this thesis it is explained, why companies need a feasibility study. The main reason is to explain all advantages and disadvantages of an implemented project. This is a qualitative research based on the situation in a real company. The method used is the analysis of the actual implementation of the project in terms of a feasibility study. During the research it was found out, that the feasibility study was helpful for the company’s success, as it reduced the production costs. As the production of the emulsion explosives was raised, the savings occurred even more than it was expected. It is possible to conclude that the feasibility study plays a huge role in the business development