Allocating funds - library management system, Other Management

Assignment Help:

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 its budget. The total budget of the library will include a separate provision for books. This amount will have to be apportioned among three heads, namely books, periodicals, and binding. This amount thus set apart for books is the budget placed at the disposal of the Acquisition Department. This amount has to be used for purchase of books and other types of documents except current periodicals. For the balanced development of the collection, the books budget should be allocated among different subjects and categories. This budget allocation is done by the library authority or its delegated body like the Book Selection Committee. The librarian and the acquisition staff are also involved in this process  since they are the people to provide the information required for budget allocation to the authorities. Such information may relate to  a  actual and the potential needs  of the  clientele, the  current and future programmes  of the parent institutions, the strength and weakness of the  existing collection, the price range of publications in particular subjects, etc. These and other types of information can  also be used by the library to obtain enhanced budget provisions.  However, once the  allocation is finalised, acquisition work has to conform to the financial discipline dictated by it.  


Related Discussions:- Allocating funds - library management system

Describe notion of marine biodiversity, Question: (i) Describe your not...

Question: (i) Describe your notion of "marine biodiversity" with an appropriate illustration? (ii) Name the different levels at which marine biodiversity can be depicted in

Entrepreneurship, #question. I want detailed information about entrepreneur...

#question. I want detailed information about entrepreneurship.

What do you mean by incoterms, Question 1 Discuss the features of inter...

Question 1 Discuss the features of international business environment. Why is it necessary to closely analyse the international environment? Question 2 What is the role

What are the e-hr strategies, Question 1: What are the e-HR strategies...

Question 1: What are the e-HR strategies and guidelines that organisations need to consider when adopting use of technology to attract talented employees and discuss in det

Limitations of alphabetical index, Limitations of Alphabetical index: ...

Limitations of Alphabetical index: Readers must have some knowledge of the classification scheme used for the arrangement of entries before the person is able to consult the c

User registration, User Registration An obvious first step in any circ...

User Registration An obvious first step in any circulation system is to register the users or borrowers. This is a time consuming and somewhat expensive procedure but mandator

Explain its relevance to the public sector, QUESTION 1 (a) Every organi...

QUESTION 1 (a) Every organisation must focus on quality performance. With the help of a schematic diagram, define the following terms as applied to management performance and i

Aacr - l c descriptive rules , AACR -  L C Descriptive Rules - british mus...

AACR -  L C Descriptive Rules - british museum cataloguing rules: Anglo-American cataloging rules / prepared by the American Library Association, the Library of Congress, the

Output of quality planning process, O utput of quality planning process ...

O utput of quality planning process Quality management plan is one of the major outputs of quality planning. It describes how the project management team will implement  the q

What is meant by organisational change, Question 1 Explain the importance ...

Question 1 Explain the importance of Organisational development to managers. Describe the characteristics of Organisational Development Question 2 What is meant by Organisati

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