 - 1. On what date did Tim Hortons Inc. announce its corporate reorganization under the Canada Business Corporations Act?
A) November 2010
B) December 15, 2014
C) August 24, 2014
D) June 29, 2009
- 2. What was the primary purpose for Tim Hortons reorganizing its corporate structure in 2009?
A) International expansion
B) Reducing staff numbers
C) Merging with Burger King
D) Tax purposes
- 3. In what month and year did Tim Hortons complete the reorganization to become a Canadian public company?
A) December 2014
B) August 2014
C) June 2009
D) September 2009
- 4. When did Tim Hortons extend Interac debit payment system acceptance to most of its stores?
A) 2013
B) 2003
C) 2012
D) November 2010
- 5. In what year did Tim Hortons first begin accepting Interac in stores located in Western Canada?
A) 2003
B) 2012
C) 2010
D) 2007
- 6. When did Tim Hortons begin accepting MasterCard and MasterCard PayPass across most of its stores?
A) 2003
B) 2013
C) 2007
D) 2010
- 7. What reason did Tim Hortons often indicate for delaying broader electronic payment acceptance?
A) High transaction fees
B) Ensure speed of service
C) Lack of customer demand
D) Technical limitations
- 8. In what year did Tim Hortons begin accepting Visa cards?
A) 2007
B) 2012
C) 2013
D) 2010
- 9. In what year did Tim Hortons begin accepting American Express cards?
A) 2010
B) 2013
C) 2014
D) 2012
- 10. How many total cafes did Tim Hortons have across the world in late 2013?
A) 817
B) 4,350
C) 33
D) 3,500
- 11. How many Tim Hortons cafes were in Canada in late 2013?
A) 3,500
B) 817
C) 33
D) 4,350
- 12. How many Tim Hortons cafes were in the U.S. in late 2013?
A) 3,500
B) 33
C) 817
D) 4,350
- 13. How many Tim Hortons cafes were in the GCC in late 2013?
A) 817
B) 3,500
C) 33
D) 4,350
- 14. What were Tim Hortons' recorded revenues in the September quarter of late 2013?
A) $12.5 billion
B) $794 million
C) $111 million
D) $18 billion
- 15. What was Tim Hortons' net profit in the September quarter of late 2013?
A) $65.50 million
B) $794 million
C) $111 million
D) $11.4 billion
- 16. Which American fast-food chain announced negotiations to merge with Tim Hortons on August 24, 2014?
A) Wendy's
B) Subway
C) McDonald's
D) Burger King
- 17. What was the estimated value of the proposed Burger King and Tim Hortons merger announced in August 2014?
A) $18 billion
B) $12.5 billion
C) $794 million
D) $11.4 billion
- 18. Which company would majority-own the new holding company resulting from the Burger King and Tim Hortons merger?
A) Tim Hortons shareholders
B) Burger King shareholders
C) Industry Canada
D) 3G Capital
- 19. By what percentage did Tim Hortons' shares increase in value upon the news of the merger proposal?
A) 28 percent
B) 50 percent
C) 71 percent
D) 51 percent
- 20. What official acquisition deal total in Canadian dollars did Burger King confirm on August 25, 2014?
A) CA$794 million
B) CA$18 billion
C) CA$11.4 billion
D) CA$12.5 billion
- 21. What was the acquisition price offered per share by 3G Capital?
A) $65.50
B) $0.80
C) $3.08
D) $88.50
- 22. What majority stake percentage would 3G Capital hold in the new company?
A) 22%
B) 71%
C) 51%
D) 27%
- 23. What majority stake did 3G Capital previously hold in Burger King?
A) 22%
B) 71%
C) 27%
D) 51%
- 24. What percentage stake in the new company would Tim Hortons' existing shareholders own?
A) 71%
B) 51%
C) 22%
D) 27%
- 25. What percentage stake in the new company would Burger King's shareholders own?
A) 22%
B) 71%
C) 51%
D) 27%
- 26. Where was the new entity resulting from the merger based?
A) Miami
B) Vancouver
C) Toronto
D) Oakville
- 27. Who became the CEO of the merged company?
A) Anheuser-Busch
B) Daniel Schwartz
C) Marc Caira
D) James Moore
- 28. What role did existing Tim Hortons CEO Marc Caira take on after the merger?
A) Vice-chairman and director
B) Majority stakeholder
C) Chief Executive Officer
D) Minister of Industry
- 29. Where did Burger King continue to operate out of following the merger?
A) New York
B) Toronto
C) Miami
D) Oakville
- 30. The merger deal was announced to form what rank of fast-food restaurant company in the world?
A) Third-largest
B) Second-largest
C) Largest
D) Fifth-largest
- 31. On what date was the merger deal approved by the Competition Bureau of Canada?
A) December 15, 2014
B) August 24, 2014
C) December 4, 2014
D) October 28, 2014
- 32. What study published on October 30, 2014, suggested the takeover would have negative consequences?
A) Industry Canada study
B) Canadian Centre for Policy Alternatives study
C) Burger King internal study
D) Competition Bureau study
- 33. Which past takeovers by 3G Capital were analyzed in the Canadian Centre for Policy Alternatives study?
A) Interac, MasterCard, and Visa
B) Subway, Starbucks, and Dunkin'
C) Tim Hortons, McDonald's, and Wendy's
D) Burger King, Heinz, and Anheuser-Busch
- 34. Who approved the deal as the Minister of Industry on December 4, 2014?
A) James Moore
B) Daniel Schwartz
C) Marc Caira
D) A Tim Hortons representative
- 35. To which political party did Minister of Industry James Moore belong?
A) Green Party of Canada
B) New Democratic Party
C) Conservative Party of Canada
D) Liberal Party of Canada
- 36. What condition regarding locations was imposed by Minister James Moore?
A) Not combine locations and retain separate operations
B) Relocate all stores to Miami
C) Merge all locations into single restaurants
D) Close all U.S. locations
- 37. What percentage of Tim Hortons' board of directors was required to be Canadians under the merger conditions?
A) At least 71%
B) 100%
C) At least 22%
D) At least 50%
- 38. On what date did Tim Hortons shareholders approve the merger?
A) December 9, 2014
B) October 28, 2014
C) August 24, 2014
D) December 15, 2014
- 39. What was the name of the new parent company formed by the merger of Burger King and Tim Hortons?
A) Canada Business Corporation
B) Restaurant Brands International (RBI)
C) 3G Capital Holdings
D) Tim Hortons Incorporated
- 40. On what date did Restaurant Brands International (RBI) begin trading?
A) October 30, 2014
B) December 4, 2014
C) August 24, 2014
D) December 15, 2014
- 41. What are some colloquial names for Tim Hortons?
A) Canucks, Red Cup or Maple Brew
B) Tim's, Timmies or Timmy's
C) Big Tim, Fast Coffee or Donut King
D) Horton's, Tom's or Tommy's
- 42. Where are the headquarters of Tim Hortons located?
A) Vancouver
B) Ottawa
C) Toronto
D) Montreal
- 43. How many restaurants does Tim Hortons have in total?
A) 7,200
B) 3,100
C) 4,500
D) 6,043
- 44. Across how many countries does Tim Hortons operate?
A) 25
B) 50
C) 5
D) 14
- 45. In what year was the company founded?
A) 1954
B) 1964
C) 1984
D) 1974
- 46. In which city was the first restaurant founded?
A) Toronto, Ontario
B) Calgary, Alberta
C) Vancouver, British Columbia
D) Hamilton, Ontario
- 47. What was Tim Horton's lifespan?
A) 1925–1980
B) 1940–1990
C) 1920–1965
D) 1930–1974
- 48. What type of restaurants did the founders initially venture into?
A) Seafood restaurants
B) Hamburger restaurants
C) Steakhouse restaurants
D) Pizzeria restaurants
- 49. In what year did Tim Horton partner with investor Ron Joyce?
A) 1974
B) 1964
C) 1967
D) 1970
- 50. When did Jim Charade leave the organization initially?
A) 1966
B) 1964
C) 1974
D) 1970
- 51. Which company merged with Tim Hortons in 1995?
A) Starbucks
B) McDonald's
C) Burger King
D) The Wendy's Company
- 52. Until what year did Wendy's operate Tim Hortons under their flagship subsidiary?
A) 2006
B) 2010
C) 2000
D) 2014
- 53. From what year did Tim Horton play in the National Hockey League?
A) 1940
B) 1960
C) 1949
D) 1955
- 54. How did Tim Horton die?
A) Of natural causes
B) In an auto crash
C) In a plane crash
D) During a hockey game
- 55. Where was the first Tim Horton restaurant located?
A) North Bay, Ontario
B) Hamilton, Ontario
C) Ottawa, Ontario
D) Toronto, Ontario
- 56. What did the first Tim Horton restaurant in North Bay sell?
A) Coffee
B) Hamburgers
C) Donuts
D) Sandwiches
- 57. On what exact date did the chain's first donut store open?
A) May 17, 1967
B) May 17, 1964
C) August 26, 1964
D) December 15, 1964
- 58. What was the original name of the donut store opened in Hamilton?
A) Tim Horton Donuts
B) Timmies
C) Tim Hortons
D) Tim Horton's Burgers and Donuts
- 59. What was Ron Joyce's profession before joining Tim Horton?
A) A professional ice hockey player
B) A corporate lawyer
C) A former police constable in Hamilton
D) A restaurant supply distributor
- 60. How many stores existed in the chain when Ron Joyce took over as sole owner in 1974?
A) 100 stores
B) 10 stores
C) 500 stores
D) 40 stores
- 61. In what year did the 500th Tim Hortons store open?
A) 1985
B) 1991
C) 1995
D) 1979
- 62. In which town were Ron Joyce Jr. and Jeri-Lynn Horton-Joyce joint franchise owners?
A) North Bay, Ontario
B) Hamilton, Ontario
C) Cobourg, Ontario
D) Toronto, Ontario
- 63. In what year did Ron Joyce Jr. and Jeri-Lynn Horton-Joyce retire from their franchises?
A) 2014
B) 1996
C) 2006
D) 2023
- 64. How many years did Ron Joyce Jr. and Jeri-Lynn Horton-Joyce run their franchises before retiring?
A) 40 years
B) 50 years
C) 25 years
D) 37 years
- 65. What name did the company change to by the 1990s?
A) The TDL Group Ltd.
B) TDL Foods Corporation
C) Tim Donut Limited
D) Tim Hortons Canada
- 66. Who decides whether Quebec locations have bilingual menu boards?
A) The Prime Minister of Canada
B) Individual franchise owners
C) The Office québécois de la langue française
D) The CEO of The TDL Group Ltd.
- 67. What language restriction is found in some Quebec locations according to the text?
A) Mandatory bilingual menu boards everywhere
B) Spanish-only menu boards
C) French-only menu boards
D) English-only menu boards
- 68. Which organization enforces language standards in Quebec mentioned in the text?
A) Office québécois de la langue française
B) Canadian Revenue Agency
C) TDL Group Corporation
D) Department of Canadian Heritage
- 69. In what year did Daniel P. Murphy open new franchise outlets for Tim Hortons and Wendy's in the same building?
A) 2006
B) 1995
C) 2002
D) 1992
- 70. In which Canadian province did Daniel P. Murphy own all Tim Hortons and Wendy's restaurants in 1992?
A) British Columbia
B) Ontario
C) Quebec
D) Prince Edward Island
- 71. In which town was the first Tim Hortons and Wendy's combo store opened?
A) Montreal
B) Montague
C) Toronto
D) Vancouver
- 72. Who was the chairman of Wendy's when he met Joyce at the grand opening of the combo store?
A) Nelson Peltz
B) Daniel P. Murphy
C) Dave Thomas
D) Peter May
- 73. What nationality is the company Wendy's International, Inc.?
A) British
B) Canadian
C) American
D) Australian
- 74. Tim Hortons eventually overtook which restaurant chain as Canada's largest food service operator?
A) McDonald's
B) Starbucks
C) Wendy's
D) Burger King
- 75. By what year had Tim Hortons opened twice as many Canadian outlets as McDonald's?
A) 1995
B) 2005
C) 2006
D) 2002
- 76. By what year did system-wide sales of Tim Hortons surpass those of McDonald's Canadian operations?
A) 2005
B) 1995
C) 2002
D) 2006
- 77. What percentage of the Canadian market for baked goods did Tim Hortons command as of March 2006?
A) 62%
B) 7%
C) 22.6%
D) 76%
- 78. What percentage of the Canadian coffee market did Tim Hortons hold as of March 2006?
A) 22.6%
B) 7%
C) 62%
D) 76%
- 79. Which coffee chain was in the number two position in the Canadian coffee market holding 7% as of March 2006?
A) Starbucks
B) Burger King
C) Wendy's
D) McDonald's
- 80. In which city was the U.S. headquarters located before its closure?
A) Dublin, Ohio
B) Toronto, Ontario
C) Norfolk, Virginia
D) Adazi, Latvia
- 81. How many employees did the U.S. headquarters have in March 2015?
A) 400
B) 127
C) 683
D) 807
- 82. When did Tim Hortons change its presidents again?
A) April 2018
B) May 2015
C) August 2016
D) October 2018
- 83. What expansion plan was announced in September 2016?
A) United States
B) Mexico
C) United Kingdom
D) Latvia
- 84. How many U.S. locations did Tim Hortons have by the end of 2016?
A) 400
B) 683
C) 807
D) 127
- 85. In what month and year did Tim Hortons announce the relocation of its head office?
A) October 2018
B) May 2018
C) May 2015
D) April 2018
- 86. How many employees were moving with the head office in April 2018?
A) 400
B) 807
C) 683
D) 127
- 87. To which building was the head office moved in downtown Toronto?
A) Dublin Center
B) Exchange Tower
C) Reputation Institute
D) Camp Adazi
E) Dublin Center
- 88. Which organization reported on Tim Hortons' reputation in May 2018?
A) Reputation Institute
B) Restaurant Brands International
C) Dublin Ohio Council
D) Canadian Armed Forces
- 89. From what rank to what rank did Tim Hortons fall in the Reputation Institute's 2018 study?
A) 13th to 250th
B) 1st to 13th
C) 13th to 67th
D) 67th to 13th
- 90. Despite dropping in rank, how was the Tim Hortons brand still considered by the Reputation Institute in 2018?
A) To have lost all consumer trust
B) To have a strong reputation
C) To have a failing reputation
D) To be the top brand in Canada
- 91. When did Tim Hortons begin spreading the installation of self-serve kiosks across Canada?
A) February 2019
B) September 2016
C) October 2018
D) August 2016
- 92. How many restaurants did Tim Hortons have in the United States on December 31, 2018?
A) 60
B) 3,802
C) 683
D) 807
- 93. How many restaurants did Tim Hortons have in Mexico on December 31, 2018?
A) 29
B) 807
C) 25
D) 60
- 94. How many restaurants did Tim Hortons have in the UK on December 31, 2018?
A) 807
B) 25
C) 60
D) 29
- 95. As of what month and year did Tim Hortons have 5,702 restaurants?
A) August 2024
B) October 2018
C) May 2018
D) December 2018
- 96. On which military base in Afghanistan did Tim Hortons have a presence?
A) Kandahar
B) Naval Station Norfolk
C) Fort Knox
D) Camp Adazi
- 97. In which state is the Aberdeen Proving Ground military base outlet located?
A) Ohio
B) Virginia
C) Maryland
D) Kentucky
- 98. In which state is the Fort Knox military base outlet located?
A) Maryland
B) Kentucky
C) Ontario
D) Virginia
- 99. In which state is the Naval Station Norfolk military base outlet located?
A) Kentucky
B) Ohio
C) Maryland
D) Virginia
- 100. What is the name of the latest military base location mentioned in the text?
A) Aberdeen Proving Ground
B) Camp Adazi
C) Kandahar
D) Fort Knox
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