When a firm undertakes a merger to improve its sources and supply of raw materials, this is an example of a

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A merger that aims to improve a firm's sources and supply of raw materials is a strategic merger. Strategic mergers are those that are made with the goal of improving the overall performance of the merged firms, such as increasing market share, reducing costs or improving production efficiency. Financial mergers are made to increase the financial performance of the merged firms, while hostile takeovers are made without the consent of the target firm's management, and friendly mergers are those that are made with the approval of both firms' management.

When a Firm Undertakes a Merger to Improve Its Sources