Acquisition through exchange , Other Management

Assignment Help:

Acquisition Through Exchange:

Acquisition through exchange is another mechanism by which Collection Development can take place. Of course, it goes without saying that the library should have material (like duplicates or publications of its own or of the parent body) that can be exchanged. The United State Book Exchanges established in 1948 acts as a pool for participating libraries who want to dispose of their duplicate materials of value to get in return other materials which they do not possess. Other examples of organisations facilitating exchange are Medical Library Association, American Association of Law Libraries, American Theological Library Association and Unesco's Library Division. As a mater of fact, the Unesco Bulletin for Libraries (when it was existing) used to have a section listing the materials available on an exchange basis from foreign libraries. 

Acquisition Through Purchase:

Since the library cannot build its collection purely on the basis of gifts and exchanges, acquisition by purchase becomes inevitable. But no library can purchase all relevant documents owing to limitation of financial resources. Therefore, it becomes necessary to make a judicious selection of all documents considered relevant to the library before purchasing them. It is here that Ranganathan's Five Laws of Library Science and Principles of Book Selection come in handy. It is assumed here that the librarian has acquired the necessary knowledge and skill to select the best documents for the library concerned. In regard to acquisition by purchase, a number of methods are followed by libraries. They are: 

1)  Tender system 

2)  Quotation method 

3)  Direct ordering with publishers 

4)  Standing vendor method 

5)  Dealer Library Plan (DLP) 

6)  Standing order 

7)  Books-on-approval 

8)  Open purchases  


Related Discussions:- Acquisition through exchange

Periodicals - binding policy for libraries, Periodicals: Now let us di...

Periodicals: Now let us discuss the type of documents that need binding in libraries. Among these, periodicals need to ' be bound for their archival value. Periodicals constit

Audience analysis, Audience Analysis To enhance communication with you...

Audience Analysis To enhance communication with your audience, you must have to analyze it carefully to formulate a message in a way they will understand and search meaningful

Problems in ordering, Problems in Ordering, Procurement and Receipt: O...

Problems in Ordering, Procurement and Receipt: Ordering and procurement of periodicals are very much inconvenienced due to different locations of their publishers. If the  lib

Vertical and horizontal integration strategies, QUESTION (a) Comment o...

QUESTION (a) Comment on the generic competitive strategies as proposed by Porter with the use of suitable examples (b) Briefly elaborate, with relevant examples, your unders

Change order management, Change Order Management In previous section we...

Change Order Management In previous section we learnt that incentives motivate and penalties keep a check for faults that occur in a project. In this section we will understand

Allocating funds - library management system, Allocating Funds: Financ...

Allocating Funds: Finance is the most important factor in document selection. Proper planning of finance is basic to good  acquisition  work. Every library works according to

Important qualities and skills required of negotiators, QUESTION 1 Nego...

QUESTION 1 Negotiators are likely to make systematic errors while processing information. Discuss the cognitive biases that are likely to hold back the performance of negotiato

State and explain the capital asset pricing model, Question 1: (i) S...

Question 1: (i) State and explain the Capital Asset Pricing Model (CAPM). (ii) Discuss the resiliency of the model when the assumptions under which the CAPM is deri

Disadvantages of ordering procedure, Disadvantages: When subscribed th...

Disadvantages: When subscribed through an agent, it will not be possible to correspond with the publishers regarding the missing issues of periodicals in the absence of detail

Activities of a maintenance schedule, Question: (a) Which are the bodi...

Question: (a) Which are the bodies responsible for policies and decisions on the exploitation and use of water resources. Explain their respective roles and functions? (b)

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