練習:
1、Exxon and Mobil merged in order to ( )
A、enter new overseas markets.
B、reduce costs and improve margins.
C、create the world's largest company.
D、undercut competitors' prices.

2、Vodafone was able to accquire Air Touch by ( )
A、selling highly-valued shares to customers.
B、obtaining a loan based on its share value.
C、exchanging shares as part of the deal.
D、buying under-valued Air Touch shares.

3、Merged companies can usually increase short-term profits by ( )
A、cutting their combined labour costs.
B、boosting the company's productivity.
C、using a single marketing campaign.
D、selling their shares at a high price.

答案:
1、B
答案信息在第一段最后一句"sought to achieve economies of scale"。規模效益是指隨著經營規模的擴大，單位成本下降從而獲得經濟效益。

2、C
答案信息位于第三段中“cash and stock swap”。該方法意味著AirTouch公司的股東除了能拿現金之外，還能拿到沃達豐公司的股票。

3、A
答案信息在最后一段“ reduce their payroll by restructuring duplicated functions such as marketing and administration”在職能重疊的市場和行政部門進行裁員