Merchants are defined as which of the following?

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Multiple Choice

Merchants are defined as which of the following?

Explanation:
Merchants are defined as industrial buyers: they are the intermediaries in the supply chain who purchase goods with the intention of reselling or distributing them to downstream customers. This role distinguishes them from contracting, which is about establishing terms, and from an RFI, which is a tool to gather supplier information. The merchant’s primary function is to buy in bulk from suppliers and move products through the market.

Merchants are defined as industrial buyers: they are the intermediaries in the supply chain who purchase goods with the intention of reselling or distributing them to downstream customers. This role distinguishes them from contracting, which is about establishing terms, and from an RFI, which is a tool to gather supplier information. The merchant’s primary function is to buy in bulk from suppliers and move products through the market.

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