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What consideration is overlooked by a firm that lacks substantial export experience and employs the rigid cost-based pricing method?

1) Market demand
2) Competitor pricing
3) Currency fluctuations
4) Cultural preferences

User Koders
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Final answer:

The consideration overlooked by a firm lacking export experience and using cost-based pricing is market demand.

Step-by-step explanation:

The consideration overlooked by a firm that lacks substantial export experience and employs the rigid cost-based pricing method is market demand. Market demand refers to the level of consumer interest and willingness to pay for a product or service in a particular market. It is important for a firm to understand market demand when setting prices, as it directly affects the firm's sales and profitability.

User Codar
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