The business I have chosen to examine is Tim Hortons. Tim Hortons Café and Bookshop or Tim Hortons Inc. is a Canadian based fast food restaurant which is multinational in its operation. The company was founded by Tim Horton, Jeffrey Ritumalta Horton and Ron Joyce fifty-three (53) years ago on May 17, 1964. With its headquarters in Oakville, Ontario, it is a household name to many Canadians and very well known for its coffee and donuts. Its colloquial name is “Timmy’s” or ‘Tim’s”. As of December 31st, Tim Hortons had a total of 4,613 restaurants in nine countries which include Ireland, Canada, Saudi Arabia, United Arab Emirates, United States, and so on. The company has grown from a single location in Hamilton, Ontario to thousands across the country and a substantial number in the United States of America. In Canada, there are 3,802 Tim Hortons restaurants, a number which is much higher than that of McDonalds (1,450). Burger King agreed to purchase Tim Hortons for US$11.4 billion on August 26,2014. Being in the Restaurant industry, Tim Hortons has major competitors such as McDonalds, Starbucks, Dunkin Donuts, and so on.
The company logo of Tim Hortons
Tim Hortons’ two main products offered to customers: Tim Hortons, which is a household name to most Canadians, is very well known for two of its main products: coffee and donuts. Over the years, the company has made a substantial amount of profit from its sale of the two products.
A Deeper look into Tim Hortons’ coffee: The Value Package (Functions, Features and Benefits) The value package of Tim Hortons coffee is very high. It serves its functions which include keeping the consumer alert (due to a decent amount of caffeine), satisfying or quenching thirst, and so many others. The features of the coffee are quite original. 100% Arabica coffee is used and any toppings have features such as milk, cream, sugar, etc.
The company has many benefits which other restaurants that produce coffee do not. Tim Hortons coffee is a lighter roast than most coffee shops; it tends to have a bit less caffeine than other major coffee restaurants. This is definitely beneficial since the coffee sizes at Tim Hortons are quite large (there is even an extra-large coffee) and one
Tim Hortons Café and Bake shop ("Timmies"), has grown from a mere, single coffee shop to an international operating corporation over the last four decades. So what?, one might ask. Timmies has maintained the Canadian family culture founded by the chains original owner, Tim Horton, the once star hockey player. Tragically, Tim Horton was killed in an accident in 1974 but the same family values linger on. During my very recent visit to my local "Timmies" shop had me thinking in a totally different perspective than the prior three decades of me enjoying a breakfast and coffee wake-up call.
While there are various brands such as: Folgers, Maxwell House, and Chock Full O’ Nuts you can typically find everyone carrying a Starbucks or Dunkin’ Donuts cup. Starbucks and Dunkin’ Donuts are the top two competitors when it comes to coffee. I personally am caught between the two. On one hand, you have Starbucks, they have great tasting coffee but is very overpriced. Dunkin’ Donuts while doesn’t have all the flavors Starbucks has, is less than half the price of Starbucks. The amount of money you pay for a small ice coffee in Starbucks you can get a large one at Dunkin’ Donuts.
Mr. Horton is a male African American. Mr. Horton’s DOB: September 16, 1982, and his Social Security # 562-91-9417. He is a married man and is married to his wife, Stacia Horton. They have three children together ages 3, 5, and four years old sons. He has a high-school degree and does not have any formal or technical trade school education. Mr. Horton has not served in the United States Military armed forces or any other armed forces other than the United States.
Tim Hortons as a brand has been around since the 1970’s and has etched its name into Canadian lore through its sheer popularity and the impact it has had on Canadian culture. Almost as synonymous with Canada has things like hockey, maple syrup, and poutine, Tim Hortons is a prominent feature of the Canadian identity. Also, Tim Hortons has found a way to integrate itself into many different aspects of the Canadian culture. Including, being a staple of many Canadian’s everyday lives, with Tim Hortons cup being omnipresent at hockey rinks, schools, and workplaces. It is crazy how a brand has taken over almost all sections of Canada, with even small towns of Northern parts of the country boasting multiple Tim Hortons.
Tim Horton offers the great quality of items at the competitive cost. Tim Horton operates stores all over the Canada and U.S. and each regional office is responsible for its local franchises. Just in time model ensures that the raw materials are always available to prepare its products. It helps the company to be more efficient and lower cost throughout the process that passed on to customers that helps in the fair pricing of the products. Tim Horton puts great effort to provide services and goods in the way that respects independence, dignity, integration, equality to all the guests including people with disabilities (Tim Horton, 2015). Tim Horton is doing their best to provide best services to their customers including people with disabilities.
Tim Hortons could also benefit from including more beverages centered around the current healthy living trends. As consumers become more health conscious, the fast food industry changes to accommodate them. Tim Horton's signature donuts or bagels may not have to follow this trend, but they could enter this
City of God is based on a true story that takes place in the '60s in Rio de Janeiro about two boys growing up in the neighborhood take on different paths in life. A child who wanted to prove himself, became a merciless drug lord, who killed , raped, robbed and threatened in order to gain power. The other kid, Rocket, witnessed the violence going on in the neighborhood around him and became a photographer. This film demonstrated two paths people growing up in this environment could take and showed the result of their choices. These choices were affected by how good of a role model they had. Lil Zee never really had a positive role model, but rocket has his brother to guide him. Lil zee that lived a more dangerous and violent
In order for both Burger King and Tim Hortons to reach their maximum growth potential, it is necessary for the Tim Hortons brand to expand into new US markets. In order to do this, the company should implement a combination of alternatives 2 and 3. The main justifications are as follows:
Since Starbucks entered the coffee retail business, the company has made many trade-off business decisions. The first major trade-off was made when Howard Schultz wanted to acquire present day Starbucks from three entrepreneurs Baldwin, Siegel and Bowker. Therefore, Schultz prior to the acquisition made the trade-off to open his own coffee bar in 1986 instead of staying at Starbucks as the manager of retail sales and marketing. A bold feat, Schultz was able to replicate success and was offered to buy Starbucks for $4 million. At the time of the acquisition, many investors, including the former Starbucks owners, would not expect that the American consumer would pay a premium for coffee products. Schultz, after calculating the opportunity cost, was convinced that Starbucks would become a large coffee chain not only in the United States but internationally too. Reflecting this approach, Schultz’s trade-off worked. Starbucks, according to our book has revenue exceeding $13 billion and nearly 200,000 employees. The company has also expanded to 40 countries with 17,000 stores (Hill et al., 2015).
The corporation I chose to discuss is McDonald’s. McDonald’s is a publicly traded corporation that includes the following domestic companies, McDonald’s, Chipotle Mexican Grill, and Boston Market. This paper will discuss the following:
The main goal of this Interview is to examine and observe real-life project in industry and gather information/data from experienced perspectives as well as gain a realistic understanding of business operation and Inventory management at Tim Horton's. By having face-to-face communication with the owner, we were able to carry out our analysis and observations effectively because the owner was available to answer questions and also provide further insight about his firm. Since the owner is the one that knows his company firm best and had all the necessary information and details of operations, he was invaluable in to us we got most of our data/information from him.
The high quality product and unique sizing of their products also set them apart. Rather than using the standard small med and large names they used unique identifies that helped make their products stand out in memory. Before they came around your options for coffee outside the home were very limited and the ability to get such high quality even at a premium price was a welcome feature in the market place. For the longest time they were really the only player in the space and that niche afforded them very rapid growth and early successes that help fuel even more growth as they expanded worldwide.
To ensure brand richness, Starbucks bring the best ingredients and quality control, they also assure that all the employees are constantly involved and be aware of its mission and vision.
The Old Mill hotel is not just a hotel it is a hotel full of great history and a lot of experience in the industry. It has great sightseeing places like lakes, waterfall, and it is located in a very good neighbourhood. With these being said, there should not have been any sudden reduction in sales or people that stay in the hotel. But as a young consumer we can see areas in which the hotel is lacing. According to the information given to us in class, we see that those who visit the hotel mostly are 65 years old and above (Professor Victor, Blackboard). Does that mean that because most of their customers are dead that is why they have low revenue? And if that is the case, how can they attract young adult and middle age to come to their hotel? These are the question I will focus on in order to reveal the areas they can increase their revenue.
Pakistan, like many international countries, contains a plethora of healthcare delivery complications when providing services to its citizens. This is immensely concerning for the international community because Pakistan is the 5th most populous country in the world, and the largest land mass in the Eastern Mediterranean. Littered with an array of different terrains, climates, and features, Pakistan’s land mass is approximate 800,000 square km. Geographically, Pakistan divides its providences into five large and one small, with an additional three territories. The providences are listed below in sizes from smallest to largest: Gilgit-Baltistan, Pakhtunkhwa, Khyber, Balochistan, Sindh, and Punjab. (see fig. 1)