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...
Pure competition is a market condition where the companies providing products offer the same features and price, making the difference between manufacturers minor, if not completely irrelevant. Once the products are part of pure competition, the sellers of those products often have similar sales.