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  3. A merger in which firms at various stages in a production process combine is a__

A merger in which firms at various stages in a production process combine is a__

游客2025-06-20  1
问题 A merger in which firms at various stages in a production process combine is a______.
选项 A、horizontal merger
B、vertical merger
C、conglomerate merger
D、production merger
答案 B
解析 答案为B项。horizontal merger“横向合并”，合并方与被合并方属于同一产业部门，其产品属于同一产品市场，这种合并有利于实现规模经济，并降低成本。vertical merger“纵向合并”，合并方与被合并方是前后生产工序、销售与生产厂方之间关系，这种合并有利于稳定供货和降低销售费用。conglomerate merger“跨行业合并或多行业企业联合”，可分散风险。本题中的合并双方属于同一生产过程中的前后关系，是纵向合并，故选B项。
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