Collection Development Policy Statement: Business
I. General Description of the Business Collection and Its Users
The subject scope of the business collection is broad. Functional core areas
include accounting, economics, finance, organizational behavior, management,
marketing, international business, and decision sciences. Other subject elements
of the core grouping quantitative analysis (including computer applications),
business environment (including legal environment), and integrative or policy
analysis.
The collection is developed in support of the curriculum of the College of
Business and Economics department of the College of Liberal Arts. The collection
primarily supports undergraduate and masters level courses (student research,
faculty teaching needs). The collection is also heavily used by students and
faculty members from other departments, particularly those in Food/Hotel/Travel
Management, Packaging, and Graphic Design. In addition, career and employment
resources are used extensively by the entire Institute community. Administrative
staff also frequently draw upon the resources of the business collection.
II. Description of the Programs Served by the Business Collection
A. Undergraduate Programs
Majors are offered in accounting, finance, management, decision sciences
and marketing. Photographic Marketing Management is jointly conducted with
the School of Photographic Arts and Sciences.
- Accounting
Public Accounting
General Accounting
Designed to provide career opportunities in public accounting and accounting
departments in corporate organizations.
- Finance
Financial Management
Security Analysis
Designed to prepare students for entry level financial management positions
in business organizations and financial institutions.
- Management
General Management
Designed to prepare students for management level positions.
- Economics
- Decision Sciences
Information Systems
Operations Management
Statistics
Designed to maximize career options for those students interested in the
application of computer science and technology to business and government.
- Marketing
Designed to develop a high degree of marketing management competencies.
- Photographic Marketing Management (with School of Photographic Arts and
Science).
Designed to provide students with a thorough knowledge of the photographic
process and a solid background in business and administration. The emphasis
is on preparing students for a varied career in the photographic business.
B. Graduate Programs
Business Administration
Corporate Accounting
Public Accounting
Finance
Marketing
Management
Management of Technology
Manufacturing Management
International Business
III. Subject and Language Modifiers
A. Geographic Areas
The geographic focus of the collection is primarily on the United States,
including aspects relating to international concerns of the United States.
B. Chronological Limits
No restrictions. Emphasis, however, is on current developments and analysis
of recent events.
C. Languages
No restrictions. Emphasis is on English-language materials. Only selected
foreign language statistical sources and multilingual dictionaries/encyclopedieas
are acquired.
IV. Date of Publication
General emphasis for acquisition of new titles is on current publications
in all subject areas. Acquisition/retention of material older than ten years
is based upon importance of the work to the discipline; usefulness for historical
information/perspective; extent of current publishing in the discipline; curriculum
needs for new program development; usage of existing material of same age; and
physical condition of the material. Retrospective acquisition of serials to
meet new program needs will be extremely selective and limited to the past five
years. Document delivery will be utilized instead to meet these needs whenever
feasible.
V. Special/Archival Collections
A. Annual Reports
The library maintains a hardcopy annual report file for all the Fortune 500
companies, 250 of the Fortune 500 Service Industries, as well as locally based
companies, for the last ten years.
VI. Treatment of Subject Matter
A. Level of Treatment
Primary emphasis is on a collection which supports curriculum driven needs
of the students and faculty. The needs of the NTID students are considered
where relevant. Major published source material containing research reporting
and scholarly work appearing in core collection bibliographies or recommended
lists will be included. Pertinent reference sources will also be acquired.
Such sources include selected subject dictionaries/encyclopedias, handbooks,
almanacs, directories, business and tax services, standard statistical sources,
trade statistical annuals, commercial research reports, company/industry reports,
and international reference sources. Every effort is made to accommodate faculty
requests for specific curriculum related titles.
B. Textbooks
Not acquired routinely unless classic titles or useful as general surveys
or handbooks for a particular area not otherwise represented.
C. Multiple Copies
Acquired only when heavy use is anticipated or at the curriculum based request
of a faculty member. A select few journals are retained in both paper and
microfilm for (up to) five years, if use justifies, then in microfilm only.
(See Bindery Policy/Procedure-Periodicals)
D. Newspapers
Essential sources of current information on domestic and international business
and finance are acquired. Local papers and selected metropolitan and international
daily papers are supported by general reference, business, and economics.
E. Government Documents
Acquired selectively when their content is appropriate to the scope of the
collection.
F. Maps/Atlases
Acquired selectively when appropriate for specific representations (for
example, commercial atlases, census maps).
G. Other
Pamphlets are acquired only if substantial enough to justify cataloging.
No pamphlet/vertical file is maintained.
VII. Cooperative Collection Development Agreements
No contractual cooperative collection development agreements for this discipline
have been made between RIT Library and any other library. Informal working
relationships with other members of the RRLC exist and closer associations will
be pursued in the future.
Where faculty and student research needs fall outside the primary undergraduate
curriculum-based scope of the onsite collection, access to this information
will be provided through traditional, as well as, commercial document delivery
services.
VIII. Publication Formats
A. Microforms
Journals are routinely retained in microfilm with the exception of titles
containing substantial graphical material or mathematical notation.
B. Non-Print Materials
Acquisition of traditional non-print materials (slides, videotapes, video
discs, films, sound recordings, slide/tape programs) is very selective and
made in consultation with the Media Resource Center, usually at the request
of a faculty member. Non-print materials are generally housed in the Media
Resource Center.
C. Software and CD ROM
Indexing and abstracting services and other specialized sources will be acquired
in these formats where they meet subject collection criteria, as well as, the
Electronic Products Policy criteria.
IX. Collection Maintenance
Continuous maintenance of the collection is carried out based upon systematic
evaluation in light of curriculum shifts, use statistics, core bibliographies,
physical space limitations and alternative availability of information. Current
periodical titles will be reviewed annually prior to their renewal. All other
areas of the collection should be reviewed every three to five years. Included
in the process are weeding of materials no longer relevant to curriculum needs,
elimination of superfluous titles where information is duplicated in more current
or authoritative sources, and the ordering of replacement copies of damaged/heavily
used items still relevant to curriculum needs.
A. Weeding
1. Duplicates Only Weeded
a. Monographs
At least one copy in good condition of standard classic titles listed
in major general bibliographies of business and special subject lists,
such as Harvard Business School Core Collection should be retained in
the collection. Second (and higher numbered) copies that do not circulate
for five years should be withdrawn.
b. Serials
A highly selective collection of business serial titles are kept in both
paper and microform for up to five years, after which the paper is weeded.
2. Selective Weeding
a. Monographs
In general, economics materials should be reviewed every three to five
years to remove materials no longer relevant to the curriculum, older
materials where sufficient coverage is provided by contemporary titles,
and multiple copies of materials where high use is no longer a factor.
b. Serials
(1) Indexing and Abstracting Services
Indexing and abstracting publications should be discarded only when
equivalent or improved coverage and access is available through new
sources, printed or electronic (i.e. covers approximately same or more
pertinent journal titles in the field and/or provides enhanced search
capabilities pertinent to our programs). Duplication of coverage should
be monitored annually. If the library has a run of less than ten years
and the materials covered are indexed by another resource, the volumes
should be withdrawn.
(2) Scholarly Publications
Long runs of key scholarly journal in all aspects of business that
meet the criteria given in the introduction to this section should be
retained indefinitely. Priority for retention should be given to titles
accessible though indexing and abstracting services available at RIT Library and titles not available in any other Rochester-area library.
Titles that have ceased publication need to be reveiwed carefully. If
the library has a run of less than ten years and the journal is available
through an alternative source, either an area library or a document
delivery service, then it should be withdrawn. If the title is not readily
available through an alternative resource and it meets the collecting
levels assigned in Section X: Subject Divisions then it should be retained.
(3) Trade Journals
Retention of trade journals should be carefully scrutinized. Those
that primarily provide timely information (industry news, new products,
market trends, etc.) should be discarded after a period of one to five
years. An example would be Monetary Trends . Those that include articles
of more lasting value should be considered for longer retention, particularly
if they are accessible through indexing and abstracting services available
at RIT Library. An example would be Progressive Grocer .
4. Current Edition/Year Only Retained
a. Monographs
(1) Modern (post-1980) textbooks
(2) Modern (post-1980) manuals of practice
(3) Career guidance and professional information (legal, business, tax,
grant, etc. materials)
(4) Standards
b. Serials
(1) Newsletters, calenders, other curent awareness services providing
timely information about events and activities of organizations, employment
opportunities.
(2) Membership directories of business organizations
(3) Directories of corporations except in cases when information included
is more extensive than basic directory information. An example would be
the Moody's series. When comprehensive information is available then the
retention should mirror the curricula needs.
B. Replacement of Materials
1. Lost, Mutilated
Every effort should be made to replace lost or heavily mutilated titles
if they are judged to be of continuing relevance to the collection. When
mutilation is confimed to a few pages, replacement copies of these should
be requested through the Information Delivery Service (see RIT Library
Bindery Policy: Monographs and RIT Library Bindery Policy: Serials).
2. Gifts which duplicate existing holdings should be used to upgrade the
condition of the collection by replacing worn circulating copies with more
sound gift copies.
C. Stacks Maintenance
The business collection, particularly the reference section, is fairly heavily
used therefore requiring shelf-reading on a on-going, consistent basis. The
condition of items shelved in these areas should be monitored to ensure those
in need of repair and rebinding are attended to before they are irreparably
damaged.
X. Subject Divisions
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Support Level
(see Introduction for key)
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A. Accounting
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1. Taxation
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C-1 |
2. Financial Accounting
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C-1 |
3. Budgeting and Management
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C-1 |
4. Cost Accounting
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C-1 |
5. Auditing
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C-1 |
6. Government and Not-For-Profit Accounting
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C-1 |
7. Profit Planning and Control
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C-1 |
8. International Accounting
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C-1 |
9. Accounting/Professional Ethics
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C-1 |
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B. Decision Sciences
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1. Programming (method , applications)
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C-1 |
2. Program Design and Validation
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C-1 |
3. Systems Analysis and Design
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C-1 |
4. Information Systems
Includes systems theory and the economics of information
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C-1 |
5. Database Management
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C-1 |
6. Mini-microcomputer Applications
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C-1 |
7. Data Communications/Networks
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C-2 |
8. Computer Concepts/Software
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C-1 |
9. Statistical Analysis
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C-1 |
10. Operations Management
Includes quality and reliability, scheduling, project capacity, and
inventory management; forgasting; material requirements planning;
technology and change and innovation; automation; job design/work
measurement standards; just in time production; maintenance; material
requirements planning; manufacturing strategy; productivity and scheduling;
international production.
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C-1 |
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C. Finance
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1. Actuarial Science
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D |
2. Insurance (all types)
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C-2 |
3. Money
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C-2 |
4. Corporate Finance
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C-1 |
5. Banking and Credit
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C-1 |
6. Security Analysis
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C-1 |
7. Estate Planning
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C-2 |
8. Foreign Exchange/International Finance
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C-1 |
9. Investment
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C-1 |
10. Real Estate
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D |
11. Microeconomics
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C-1 |
12. Not-For-Profit Finance
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C-2 |
13. Financial Institutions
Includes theories of consumer behavior, market demand, resource
allocation and product distribution, cost and production analysis,
pricing and output, monompoly and oligopoly.
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C-1 |
14. Macroeconomics
Includes fiscal and monetary policy, economic relationships, economic
policy, labor, commodities, money and bond markets. classical and
Keynsian models, inflation, unemployment, wage/price policies.
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C-1 |
15. Managerial Economics
Includes demand and cost analysis, resource utilization, pricing
and market structure.
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C-1 |
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D. Management
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1. Personnel and Human Resource Management
Includes compensation and appraisal, human resource planning and
forecasting, training and development, labor relations, selection
and recruitment, safety and health.
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C-1 |
2. Organizaitonal Behavior
Includes motivation, leadership, group dynamics, conflict resolution,
power and politics, stress and burnout.
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C-1 |
3. Business Environment
Includes business and society, business and public policy, legal
environment. Also covers consumer protection, ethics, occupational
safety and health, employement discrimination, labor/management, anti-trust
policies.
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C-1 |
4. Integrated Business Analysis
Includes strategy and policy, company and industry information sources.
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C-1 |
5. General Management
Includes total quality management, organizational theory, organizational
change, and management history.
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C-1 |
6. Purchasing
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C-2 |
7. Entrepreneurship and Small Business Management
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C-2 |
8. International Management
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C-1 |
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E. Marketing
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1. Consumer Behavior
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C-1 |
2. Logistics
Includes distribution, transportation, warehousing.
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C-1 |
3. Market Research
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C-1 |
4. Sales Management
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C-1 |
5. Marketing Communication
Includes public relations, advertising, and sales promotion.
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C-1 |
6. Marketing Management
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C-1 |
7. International Marketing
Includes international operations, forecasting and analysis, promotion
and channel strategies.
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C-1 |
8. Industrial Marketing
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C-1 |
F. International Business
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C-1 |
G. Business Communications
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C-1 |
H. Occupations and Career Development
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C-1 |
I. Statistical Compendia
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C-1 |
[rev. 7/94, 2/95]
Maintained by Sheila Smokey
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