What is a position of a merchant?

A merchant's position refers to their role and status within the trade and commerce sectors, typically involving the buying and selling of goods or services. Merchants act as intermediaries in the supply chain, connecting producers with consumers. Their position can vary from small business owners to large-scale traders, and they often play a crucial role in determining market prices and availability of products. Additionally, merchants may also engage in financial activities, such as credit and inventory management, to enhance their business operations.