EPISODE · May 25, 2026 · 17 MIN
注册会计师 综合二 总体战略01 纵横一体化博弈
from 26飞凡CPA：综合二｜商业决策、价值评估与合规实
【本期主题】 拆解总体战略中发展战略的第一大分支——一体化战略，深度解析纵向一体化（前向/后向）与横向一体化的底层商业逻辑、适用边界及风险陷阱，建立"交易成本vs控制权"的战略权衡框架。【核心案例】 为什么宁德时代不惜溢价收购海外锂矿？特斯拉为何坚持直营模式？航空业横向并购如何释放规模经济？全产业链帝国究竟是坚不可摧的堡垒还是转身困难的恐龙？
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注册会计师 综合二 总体战略01 纵横一体化博弈
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