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...
DEFINITION of 'Competitive Pricing'. Setting the price of a product or service based on what the competition is charging.Competitive pricing is used more often by businesses selling similar products, since services can vary from business to business while the attributes of a product remain similar.REAKING DOWN 'Competitive Pricing'. Businesses have three options when setting the price for a good. They can set it below the competition, at the competition or above the competition.