Using artificial intelligence to improve business management performance
Using artificial intelligence to improve business management performance
Kowsar karaminasabadsofla1
1) Master of Business Administration, Marketing, Mehr Alborz University, Tehran, Iran
IOI Code
:
XKGD-AZDAFA
Publication :
The first international conference on new researches in management, law, humanities and entrepreneurship(icmlhe.ir/1st)
Abstract :
The use of artificial intelligence in various industries, including commercial industries, is recognized as a superior tool for improving performance and increasing efficiency. Artificial intelligence can help business managers in making important and strategic decisions through complex algorithms and models that automatically process information. Among the applications of artificial intelligence in business management, we can mention market trend forecasting, supply chain optimization, increasing customer experience and increasing productivity. Artificial intelligence helps business managers to analyze large and complex information simply and quickly and reach better decisions for their business. For example, AI algorithms can make accurate predictions about market and sales trends based on past patterns and statistical data. Also, with the use of artificial intelligence, the supply chain can be improved and optimized, so that it reduces costs and increases the speed of product delivery. In this way, the use of artificial intelligence in business management can help businesses to have a stronger and more effective competition.
Keywords : artificial intelligence algorithms complex models