FI 4020 Study Guide - Quiz Guide: Ontario Dental Association, Current Liability, Cash Flow Statement
Document Summary
Dental services are highly competitive in ontario with the excess of dentists in the area. Chang dental clinic seems to have tactics to stay ahead of other dental clinics in the. Chang dental clinic is a service business owned and run by stanley chang, a sole owner. Nature of business: who brought the business off from another dental practitioner. This dental clinic provides fundamental dental procedures to patients in petrolia, ontario. In particular, london, ontario, located an hour away from petrolia have close to 270 dental clinics in competition. On top of that, sarnia, ontario, is a city located around 15 to 20 minutes away from petrolia, and they have around 45 to 50 competing clinics. At the same time, petrolia only has 3 dental clinics in competition, including chang dental clinic. market. First, they did not get affected by the economy.
