NEW BUSINESS COURSES ADDED

Two new courses on store management and purchasing are being offered during the second half-year at the Graduate School of Business Administration. In other respects the curriculum at the School will be practically the same as in the past, for although several representatives of the Faculty of the Business School are now engaged in war service, there has been no curtailment in the courses which will be given during the second semester.

Both of the courses which are this year being offered for the first time are open only to second-year students. Professor P. T. Cherington will give the course on Retail and Wholesale Store Management, while Mr. H. C. McCarty, lecturer on Marketing, will give the one on Purchasing.

Business Enterprises Studied.

The former course makes a study of the essential features of the half-million large retail stores in the United States, through which the bulk of the products of the country are distributed to consumers, and then analyzes the principles on which a retail store should be arranged. Accounting methods, buying practice, stock records, and store organization and management are the main subjects considered.

In the course on Purchasing, the ad- ministration of the buying departments in manufacturing establishments and other large business enterprises is studied. Methods of testing seasonal fluctuations of prices and analyses of price movements from the point of view of the purchasing agent are given special attention.

Professor M. T. Copeland, Ph.D. '07, was to have given both of these courses but is unable to do so, for he is now devoting all his time to his duties as secretary of the Commercial Economy Board of the Council of National Defence