The purpose of this study is to review the established research practices and managerial methods on the range of Knowledge that have been independently studied from the conventional information system (libraries) and the managerial information system (MIS, DSS and EIS) within the quantitative and the non-quantitative perspective. The information systems were developed through their own purpose since the 1950s and these days the corporate environments have become integrated due to the rapid creation and expansion of information. Therefore, to make fast decisions in this situation it is appropriate that these two systems, Library and the managerial information system, should be dealt within the same category. In other words, not only the quantitative data that become main sources of DSS or EIS, but also the qualitative data such as the text documents, video and audio data, which have been managed in the libraries and information centers and not extracted from the former, can be used as the new knowledge source. Also BSS/EIS can provide the splendid infrastructure for Knowledge Management(KM) while libraries/information centers manage the comprehensive range of explicit and tacit knowledge, which can be a facilitator or main driver for KM.