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What is the purpose of an import license?

Import licenses are considered to be non-tariff barriers to trade when used as a way to discriminate against another country’s goods in order to protect a...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Are role and function the same thing?

Role: Like the word “tool”, a role defines where a person or entity will fit into the scope of things. Function: The function of a tool, is the tasks that...

What are outputs in business?

Output is a quantity of goods or services produced in a specific time period (for instance, a year). For an industry, output is a measure of all the goods...

Is quantum physics a good career?

After learning Quantum Mechanics you can enter the field of a theoretical and experimental physicist, you can also become a researcher, you can also work ...

How did the Mongols support the merchants?

Under Mongol rule, merchants had a higher status than they had in traditional China. During their travels they could rest and secure supplies through a po...

Are business meetings formal?

If you work for a company, you’ll likely be required to attend meetings on a daily, weekly, or monthly basis. One type of meeting is a formal meeting. The...

What are the parts of a project plan?

Components of the project plan include baselines, baseline management plans, risk management, quality, procurement, resourcing and communications. The pro...

How can we promote khadi in India?

6- If India provides easy loans to unemployed youth to promote Khadi, most of the people gets employed. 7- Khadi will bring employment opportunities if go...

What services do house sitters offer?

House sitters take care of homeowners’ properties while they are away in return for free accommodation and utilities as well as income, should it be agree...

What happens when a business becomes insolvent?

When a company goes into liquidation its assets are sold to repay creditors and the business closes down. The overall aim of an insolvent liquidation proc...