THE IMPORTANCE OF FEASIBILITY STUDY FOR THE SUCCESS OF (SMALL AND MEDIUM) ‏ ENTERPRISES
(أهمية دراسة الجدوى الاقتصادية لنجاح المشروعات (الصغيرة والمتوسطة

Author : Shagea GHALEB
Number of pages : 458-476

Abstract

The economic feasibility study is one of the essential tools based on scientific bases that support the ability to make investment decisions that are objective, rational, and logical to implement successful enterprises. It also includes all economic decision-making units such as the state, society, investor, banks, and the project. The preparation of the feasibility study before the project achieves the best use of economic resources and works to arrange projects according to necessity and priority, which brings savings to the state and society and not to waste wealth and money. Through this research, the feasibility study of investment projects will be identified in terms of concept, importance, objectives, and stages of evaluation. Therefore, in terms of concept, SMEs address characteristics, importance, role in national economies, sources of financing, and constraints. Finally, the most important methods used in evaluating investment projects will be addressed and discussed in order to reach several conclusions and recommendations.

Keywords

The economic feasibility study, small and medium enterprises, evaluating investment projects)

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