Conflicting factors - problems in acquisition, Other Management

Assignment Help:

Conflicting Factors:

Demand, supply and finance are the three major factors governing collection development. Both demand and supply will be increasing while finance will be always inadequate. If mind is to be fully satisfied, a library will have to buy more and more items. This is particularly so since more items are being published everyday. New items published will naturally stimulate more reading and in turn place more demands upon the library. In order to meet growing pressures of demand, funds at the command of the library also ought to grow. But, generally, this does not happen. On the country, library budgets are very often subjected to severe cuts on account of other priority allocations. Even in cases where funds remain static, the purchasing power of the available money may go down  due to inflationary trends. To make matters worse, the prices of reading materials have always a rising trend. The ultimate result of this conflict of factors is that the library will not be able to buy all that it should. This is the case with even the richest library in the world. Therefore, you must know how to utilise the available money in the most judicious manner. As advised by Mellvile Dewey, your motto must be "the Best Reading for the Largest Number at the Least Cost". The principle under the balancing of the three conflicting factors - books, readers and money. You have to ensure that the funds are expended in a such a manner as to build up a well-balanced purposive library collection. Strict financial discipline, therefore, is needed  in acquisition work. A tool which will help you in observing this financial discipline and in ensuring a balanced growth of the collection is the budget allocation. 


Related Discussions:- Conflicting factors - problems in acquisition

Oral presentation, Oral Presentation It provides to spoken, rather than...

Oral Presentation It provides to spoken, rather than written communication where information is expressed to a group. The spoken word is frequently augmented by visual aids suc

Selection procedure - library management, Selection Procedure: There c...

Selection Procedure: There can be two sets of operations in the selection of periodicals: those relating to continuing titles, and those relating to new titles. i) Continuing

Purpose of the syringe management plan, The purpose of the Syringe manageme...

The purpose of the Syringe management plan is to protect the social community against injury by syringe and help people manage syringe in proper manner. According to the research,

Reasons for a negotiation , Reasons for a negotiation  As we now aware ...

Reasons for a negotiation  As we now aware that negotiation is a process, we will now learn the reasons for which the negotiation plays a crucial role.   Detailed negotiatio

Definition of periodicals department, Definition: A periodical is defi...

Definition: A periodical is defined as "a publication issued in successive parts usually at regular intervals and as a rule intended to be continued indefinitely" by A.L.A. Gl

Periodicals and serials - selection tools, Periodicals and Serials: Pr...

Periodicals and Serials: Primary periodicals constitute one  of the most indispensable categories of publications  in academic  research and special libraries. A substantial p

Library material arrangement, Library material arrangement: Irrespecti...

Library material arrangement: Irrespective of the category to which a library belongs, collection of a library is first broken into  sequences. Depending upon the size of a li

Expansion and diversification, Expansion and Diversification: Diversif...

Expansion and Diversification: Diversification was the most important trend for databases during 1975-80. The early success of the Government-funded online experiments and the

Definitions - information centres and databases, INFORMATION CENTRES  AND ...

INFORMATION CENTRES  AND DATABASES:   A, organisation selects, acquires, stores, organises a--retrieves specific documents to meet users' requirements, (ii) announces, abstr

Customer marketing interface, five to make a displeased student to patonise...

five to make a displeased student to patonise a school canteen

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd