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...
The competitive environment, or the industry environment, describes the conditions of businesses providing a similar type of product or service. The operating environment involves customers, creditors, investors, employees, the marketing environment, and how a business uses and acquires resources. Analysis of the remote business environment helps business strategists understand the nature and direction of the current conditions.