Business studies Essay Example | Topics and Well Written Essays - 500 words

Business studies - Essay ExampleOther important applications include communicate the details of the company to the sales personnel, suppliers and others so that they become aw be of companys goals and achievements.Feasibility study is an important physique in the developing process. It enables the developer to have an assessment of the product being developed. It refers to the feasibility study of the product in terms of outcomes of the product, operational use and technical support required for implementing it.Economic Feasibility It refers to the benefits or outcomes. We are deriving from the product as compared to the total cost we are spending for developing the product. If the benefits are more(prenominal) or less the same as the older system, then it is not feasible to develop the product.The development of the new product should greatly enhance the accuracy of the system and cuts short the delay in the process of the product. The errors can be greatly reduced and at the s ame time providing great level of security. Hence, we do not need any additional equipment except memory of required capacity.Operational Feasibility It refers to the feasibility of the product to be operational. Some products may work very well at design and performance but may fall in the real time environment.