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COST-BENEFIT ANALYSIS OF JOURNALS SUBSCRIPTION AT NEHRU LIBRARY, CCSHAU, HISAR, HARYANA
Author(s) -
Pawan,
GAUTAM J.N.
Publication year - 2019
Publication title -
journal of management
Language(s) - English
Resource type - Journals
eISSN - 2347-3959
pISSN - 2347-3940
DOI - 10.34218/jom.6.2.2019.029
Subject(s) - valuation (finance) , investment (military) , cost–benefit analysis , contingent valuation , business , actuarial science , rate of return , accounting , economics , finance , political science , willingness to pay , law , politics , microeconomics
This Study is based on analysis of the Cost and benefits of the collection of print journal subscribed by Nehru Library, CCSHAU, Hisar, during the year 2015. This study quantified the benefits of journals acquiring by users (Research Scholars and Faculty Members) into financial circumstances (in Indian Rupees) by the use of Contingent Valuation Method. The benefits of journals are based on calculations of user how many time use of journals. For this aim, the total number of 150 and 70 questionnaires randomly was circulated among the Research Scholars (RS) and Faculty Members (FS) of CCSHAU, out of which 85 and 42 were filled and return back by accused, showing an overall response rate of 91.71% and 88% in order. The outcome evident that Cost-benefit Ratio (CBR) is 1:2.3 and Return on Investment (RIO) is 128%.

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