A food company is seeing 30% annual growth in the European market. As a result, it decides to build its next facility there. This reflects which consideration when selecting a new facility location?

Question

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The fact that the company is experiencing 30% annual growth in the European market indicates that there is a significant customer base in the region. Therefore, proximity to major customers is likely a key consideration in selecting a new facility location. Availability and cost of labour, cost of construction and operation, and access to key resources may also be important factors, but are not directly indicated in the scenario.

A Food Company Is Seeing 30% Annual Growth in the European