A patch panel is the best choice to facilitate a central termination point for all network cables on the floor of a company building. Patch panels are used to manage and organize multiple network cables, providing a central point where all cables converge. This setup allows for easy management, troubleshooting, and reconfiguration of network connections. The other options, such as UPS (Uninterruptible Power Supply), MDF (Main Distribution Frame), and rack, serve different purposes and are not specifically designed for the central termination of network cables.
Reference: CompTIA Network+ Certification Exam Objectives - Network Installation section.