Question

This is for business studies

How do national factors affect a pharmacy
This is what they're looking for.
National Factors

Give a brief sentence stating what and how factors can affect a business.

Now list all the National factors that could affect a business and THAN how national factors can affect YOUR start up business (provide detail with current examples e.g. exchange rates).

Answer 1

I can help with the pharmacy one.

Different countries require different certifications and inspections for pharmacies. Some medicine may not even be allowed in that country, meaning some medicines may not be sold, resulting in less sales. As well as that, the taxes paid may be different, affecting profit after tax. Aditionally, different currencies mean exchange rates can add extra expenses and different languages affect marketing.