Greyhound
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Title: Greyhound

Essay Details:

Subject: Business
Author: Deborah V
Date: March 13, 2014
Level: College
Grade: A
Length: 1 / 247

Essay text:

And it's cheaper; a one-way ticket costs $85 to Buffalo while Greyhound’s one way costs $95 to Buffalo. Mega bus offers a few seats at absurd discounts — as low as $1 — well in advance and jacking up the price as the travel date approaches. Greyhound is facing with one of the external fierce forces which is a competitive force. This type of competition is one of Porter’s Five-Forces Model and it is called potential entry of new competitors (pg 86) because new competitors found some weaknesses in Greyhounds services and turned them into their strengths. The loopholes in Greyhounds services are its expensive prices and its long trip time...

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