In today's age of quick communication, the location of a factory has a major impact on a firm's ability to respond to customer tastes and preferences.

Question

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With advancements in communication, firms can quickly adapt to changes in customer preferences, but the physical location of a factory still significantly affects the speed and efficiency of distributing products to the market, impacting the firm's responsiveness to customer demands.

In Today's Age of Quick Communication, the Location of a Factory