Reference no: EM13524110 
                                                                               
                                       
1.  Select	an	existing	business	of	your	choice	or	propose	an	idea	for	your	own	venture.		Provide	background	information	about	the	business	and	explain	what	kind	of	data	the	business	needs	to	collect	and	analyse,	to	generate	useful	information	so	the	business	can	operate	more	efficiently	and	economically.	Explain	how	the	business	would	benefit	from	information	created	and	knowledge	kept	in	their	information	system.	Refer	to	knowledge	as	a	valuable	asset	of	the	business.
2.  Sufficiently	describe	knowledge	requirements	of	the	business	and	select	an	information	system	that	would	be	the	most	suitable	for	the	business	(or	describe	in	sufficient	details	information	system	the	existing	business	is	currently	using).	Outline	knowledge	management	system	requirements	and	the	ways	you	would	go	about	designing,	developing,	and	implementing	the	system	in	your	business	(or	describe	in	sufficient	details	implemented	knowledge	management	system	of	the	existing	business).
3.  Apply	knowledge	gained	in	the	class	and	describe	factors	that	will	contribute	to	building	an	effective	business	system	capacity	and	capability	for	the	business.		Outline	system	capacity	and	capability	requirements	and	future	update	requirements	(hardware	and	software),	or	sufficiently	describe	capacity	and	capability	of	an	implemented	system	of	an	existing	business.
4.  Select	appropriate	tools	and	instruments	for	collecting	and	analysing	data,	software	system,	and	application	software	you	would	use	in	your	business	(or	explain	in	sufficient	details	tools	and	instruments	the	existing	business	is	using	for	collecting	and	analysing	data,	software	and	application	used).	Outline	hardware	and	software	system	requirements,	update	requirements	and	ease,	troubleshooting,	and	the	ways	you	would	go	about	securing	your	system	(or	security	system	of	the	existing	business).