Respuesta :
Profit maximization is termed as the process that involves raising of revenues or income of almost every organization.
By achieving all the bases of customer satisfaction, the organization works for the maximization of profit.
Coach is the known brand that focuses on the qualities and the status symbol with the premium policy that insists on the high price and the high quality.
These brands establish the mode of attraction for every woman in the significance of competition and brands. The brands and the qualities draw the major attention of the customers in the market.
Facing this competition the brand Coach decides on the expansion of the product lines. They decided to diversify the products and sell them out at cheaper rates.
To know more about the challenges of the brand facing the pricing policies competition and vast product lines:
https://brainly.com/question/22425644
