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 '5 Forces Analysis Of The Environment'. Definition: The five forces model of analysis was developed by Michael Porter to analyze the competitive environment in which a product or company works. 1. The threat of entry: competitors can enter from any industry, channel, function, form or marketing activity.