Final answer:
The decision regarding facility location to ensure product movement is efficient and cost-effective relates to supply chain efficiency, prioritizing factors such as labor costs, transportation quality, and proximity to suppliers and customers.
Step-by-step explanation:
The decision that manufacturers make when choosing a facility location to move products quickly and at the lowest possible cost to customers falls under the category of supply chain efficiency. Factors considered during this decision include the costs of labor and financial capital, proximity to reliable suppliers, closeness to customers, the quality of transportation, communications, and electrical power networks, as well as the level of taxes and the competence and honesty of the local government. While environmental sustainability and regulatory compliance are considered, they are typically minor factors compared to others influencing location decisions.