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...
Elements of the environment. The marketing environment involves factors that, for the most part, are beyond the control of the company.Thus, the company must adapt to these factors. It is important to observe how the environment changes so that a firm can adapt its strategies appropriately.he Marketing Environment. Elements of the environment. The marketing environment involves factors that, for the most part, are beyond the control of the company. Thus, the company must adapt to these factors.