Market access economic considerations

The cost of transportation has an important effect on the marketabiUty of chemicals. For that reason, transportation, along with numerous other factors, is often a significant consideration in determining the location of chemical production faciUties. In addition, convenient and economical access to water and rail transportation and the interstate highway system, as well as proximity to raw materials and markets, may influence the choice of warehouse and terminal sites for storage and redistribution of chemical products (see Plant location). 

The search for new ultrahard materials is motivated largely by these considerations, but also from purely economic ones. It might be possible to synthesize such materials through routes cheaper than those involved in the case of diamond, thus accessing new applications and new markets. In this paragraph we briefly review the basic ideas behind the search for new ultrahard materials, as well as the latest developments in the search for some of the identified cases. 

The model now includes consideration of the social and economic benefits received as a "positive" consideration here we might consider increased economic productivity from a labor force that is provided with accessible and affordable healthcare. The acquisition costs are increased by opportunity costs, created by the loss of contribution from alternative projects, which could not be funded and that may have made significant, but alternative, contributions. Figure 16.1 reflects the more recent view of the business environment. In a business context, value now considers stakeholder satisfaction, which is a broader consideration than simply customer satisfaction. Stakeholder satisfaction ensures meeting not only customers expectations but also those of employees, suppliers, shareholders, and the investment market influencers, the community, and the government. 

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