Capital University of Science and Technology, Islamabad
Quiz - 2
Management Information System
Time: 20 mints Marks: 10
SPRING2020
Registration No. MBAR183001. Name M Shahzaib Khan. SECTION. MBAR
Question. 1
How you will solve the database system challenges in knowledge economy?
Ans: With the emergence of the new knowledge-based economy, organizations are slowly starting to
see a new need to apply knowledge management practices and principles to their corporate
curriculum.
In today’s competitive landscape, organizations must develop different capabilities and strategies in
order to meet the demands of the knowledge economy. In order to do this, firms must be able to
effectively deploy, utilize and manage knowledge. The greater challenge however lies on how to use
knowledge in order to bring out innovative ideas and create more value for the organisation and
trigger product and services differentiation.
The Corporate Curriculum
For an organisation to meet the challenges presented by the knowledge economy, learning and
development should be incorporated in the overall corporate plan and business process. The
organisation must adopt a corporate culture which integrates the transformation of the organisation
using the available intellectual and the internal and external knowledge assets with the corporate
development process.
Conceptual design
Abstract model of database from a business perspective.
Physical Design
Detailed description of business information needs.
Strategic Communication
Large organization like SIA consider the importance of having good communication strategies in
order to bring their messages across their members located in different cities and subsidiaries around
the world.
Effective Management Skills
SIA is constantly challenged from almost all fronts. Even though its business model is often an envy
of other industry players, there’s still a lot of room for improvement. In here, SIA must respond by
continuously creating new value for the market it serves.
