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The library of the Graduate School of Business Administration has opened a new department, intended to provide students in the School with a knowledge of the tools and technique of business research. This consists of a laboratory in which students may examine and test all the labor-saving devices in use in modern business work. The Faculty had already obtained permission from over 150 business concerns in Boston, Cambridge and neighboring cities for students to examine their plants and business methods. The manufacturers of labor-saving devices for business purposes were then asked, on a basis of mutual advantage, to place their machines in the new laboratory which has been started by the School. Special rooms have been set apart for the purpose on the top floor of Lawrence Hall, and the manufacturers have entered gladly into the plan.
In this way the students in the Business School are able to familiarize themselves with the different machines which they will use in later life. They do their actual problems on the calculating machines which are provided, and in this way learn the advantages of all the different types. The manufacturers, on the other hand, have an opportunity to demonstrate their wares under actual working conditions to men who will soon be in actual business.
Another similar system offering advantages both to the students and the publishers is practised in connection with new books on business subjects. The publishers place their books on the shelves of the Business School library for one year after publication. The students then become familiar with the books which they will later want to buy, and the instructors learn what reading they can recommend in their courses with best results.
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