Question

Stagecoach is the name of a company that operates bus and rail services in the United Kingdom. Which of the following is an external factor that could influence work forecasting for Stagecoach?

Answer 1

The bus companies would likely prefer the definition of "the market for intercity bus service" over "the market for intercity transportation, including personal cars, car rentals, passenger trains, and commuter air flights."

Step-by-step explanation:

In the case of the merger between Greyhound Lines, Inc. and Trailways Transportation System, the bus companies would likely prefer the definition of "the market for intercity bus service" over "the market for intercity transportation, including personal cars, car rentals, passenger trains, and commuter air flights." This is because by defining the market as intercity bus service only, the bus companies can emphasize their expertise and dominance in that specific sector, potentially gaining a competitive advantage.