There are also some splash pads that feature play structures with small water slides and other interactive water features. While children of all ages love to play on a splash pad, itâs safe to say that most splash pads are designed for toddler-aged children up to ages 10-12.
The term competitive environment refers to the number and types of companies against which a given business competes in its industry. Direct competitors are those that sell very similar goods and...
A marketing environment is composed of specific elements of a businessâs external operating and competitive environment related to the needs of a productâs intended consumer, also known as the target market member. Marketing environments are often tied to the productâs stage in the business marketing life cycle.