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The committee's charge is
to examine, upon the request of the chancellor or members of the committee,
the issues involved in the institution offering major new competitive activities
and ongoing activities whose appropriateness has been questioned; to review
the pricing structure of major new competitive activities and ongoing sales
activities whose appropriateness or pricing has been questioned; and to recommend
to the chancellor a course of action which specifically addresses whether the
activity should be implemented or continued and whether the pricing of the products
and services is appropriate.
The chancellor will determine
whether the institution will become involved with the new activity or continue
an ongoing activity and whether changes should be made to the pricing of products
or services.
All activities competitive
with the private sector must be integral to the fulfillment of the institution's
instructional, research or public service missions or must meet one of the following
criteria: a) there are compelling reasons of economic efficiency, b) the product
or services is unavailable elsewhere in the community, c) providing the product
or service is a major convenience to the campus community, d) offering the product
or service is a major importance to maintaining the quality of the institution.