Final answer:
Airfreight's speed allows businesses to maximize profits by minimizing transportation costs, maintaining product quality, and responding quickly to market demands. It provides a competitive advantage by avoiding ground traffic congestion and by benefiting from refrigeration to transport perishable goods globally.
Step-by-step explanation:
The valuable benefits of airfreight's speed are particularly evident when considering the need to maximize profits for businesses.
By bypassing congested street networks and jammed freeways, airfreight can significantly reduce the costs associated with transporting goods.
This aspect is essential in time-sensitive industries where the quick delivery of perishable goods is crucial.
Notably, with the advent of refrigeration technology, companies can now ship produce safely around the world, preserving its freshness and extending market reach.
Moreover, strategic location selection—near uncrowded freeways and with access to rail or water transport—further enhances a factory's transportation efficiency.
This allows for a smoother flow of workers and materials, contributing to overall productivity and profitability. In short, the speed of airfreight enables companies to respond rapidly to market demands, maintain product quality, and minimize transportation costs.