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.xternal Environment Analysis. Analysis of the remote business environment helps business strategists understand the nature and direction of the current conditions. Remote analysis spots potential issues and predicts trends.