Millennium, Inc., a leading producer of environmentally friendly cleaning agents, is looking for a site for a new production facility. The company is mainly focusing on sites that are close to major highways and rail hubs and are not too far from some major population centers. This suggests that an important location consideration for Millennium is:
A) quality of life.
B) access to cheap land.
C) reducing time-to-market.
D) access to low-cost labor.

Question

Quizplus · Accepted Answer

Millennium's focus on being close to major highways and rail hubs and major population centers indicates that reducing time-to-market is an important consideration. This suggests that the company wants to minimize transportation time for its products to reach customers and decrease overall delivery times. Quality of life, access to cheap land, and access to low-cost labor are not mentioned as top priorities for the site selection.