Which of the following is not one of the general pricing approaches?

Solution (By Examveda Team)

In marketing, the general pricing approaches include: Competition-based, Cost-based, and Penetration pricing.

Competition-based pricing involves setting prices based on what competitors are charging.

Cost-based pricing is determined by adding a markup to the cost of producing a product.

Penetration pricing is a strategy where a product is introduced at a low price to gain market share.

Relationship pricing is not typically considered a general pricing approach, making Option C the correct answer.