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The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning

Cilt: 6 Sayı: 2 31 Aralık 2024
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The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning

Öz

This study provides an in-depth examination of the impact of artificial intelligence (AI) and big data analytics on business management. AI and big data analytics make decision-making and strategic planning processes more effective, rapid, and data-driven, thus offering companies a significant competitive advantage. The study highlights how AI and big data analytics allow businesses to better analyze customer behavior, anticipate market trends, and enhance operational efficiency. Findings indicate that data-driven decision-making processes provide strategic benefits to businesses, strengthening customer satisfaction and brand loyalty. However, the study also addresses challenges such as data security, privacy concerns, high implementation costs, and the need for trained personnel, offering insights into how these issues can be managed effectively. Furthermore, the study assesses the long-term implications of AI and big data analytics in business management, emphasizing the necessity of cultivating a data-oriented management culture. Future research is recommended to focus on the evolving applications of AI and big data analytics, and the importance of integrating these technologies into strategic planning and decision-making processes is underscored. This study reveals the essential role AI and big data analytics can play in driving sustainable growth and strengthening competitive advantage within businesses.

Anahtar Kelimeler

Artificial Intelligence, Big Data Analytics, Decision-Making, Strategic Planning, Business Management

Kaynakça

  1. Anderson, P., & Brown, J. (2023). Strategic insights in big data analytics for businesses. Journal of Business Analytics, 20(3), 119-132.
  2. Anderson, P., & Brown, J. (2023). The impact of big data analytics on creating strategic advantage. Journal of Strategic Management, 28(2), 100-112.
  3. Booth, A., Sutton, A., & Papaioannou, D. (2021). Systematic approaches to a successful literature review (2nd ed.). SAGE.
  4. Bose, I., & Mahapatra, R. K. (2023). Machine learning applications in business demand forecasting. Journal of Business Analytics, 34(1), 54-70.
  5. Bose, I., & Mahapatra, R. K. (2023). Machine learning contributions to business demand forecasting models. Business Analytics Review, 35(1), 75-91.
  6. Brynjolfsson, E., & McAfee, A. (2022). The second machine age: Work, progress, and prosperity in a time of brilliant technologies. W. W. Norton & Company.
  7. Chen, J., Brown, M., & Li, Y. (2023). The impact of big data analytics on operational efficiency in business management. Journal of Operations Research, 20(2), 88-102.
  8. Chen, L., & Davis, M. (2023). Emerging trends in AI-driven decision-making processes in management. Journal of Strategic Innovation, 15(2), 55-72.
  9. Chen, M., Brown, L., & Li, Q. (2023). Big data and AI in business decision-making. Journal of Business Strategy, 25(3), 88-103.
  10. Chen, M., Brown, L., & Li, Q. (2023). The effects of artificial intelligence and big data analytics on decision-making processes in business. Journal of Business Decision Analytics, 24(3), 98-114.

Kaynak Göster

APA
Çınar, D. (2024). The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning. Turizm Ekonomi ve İşletme Araştırmaları Dergisi, 6(2), 219-229. https://izlik.org/JA26TX48GX
AMA
1.Çınar D. The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning. TUREK. 2024;6(2):219-229. https://izlik.org/JA26TX48GX
Chicago
Çınar, Deniz. 2024. “The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning”. Turizm Ekonomi ve İşletme Araştırmaları Dergisi 6 (2): 219-29. https://izlik.org/JA26TX48GX.
EndNote
Çınar D (01 Aralık 2024) The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning. Turizm Ekonomi ve İşletme Araştırmaları Dergisi 6 2 219–229.
IEEE
[1]D. Çınar, “The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning”, TUREK, c. 6, sy 2, ss. 219–229, Ara. 2024, [çevrimiçi]. Erişim adresi: https://izlik.org/JA26TX48GX
ISNAD
Çınar, Deniz. “The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning”. Turizm Ekonomi ve İşletme Araştırmaları Dergisi 6/2 (01 Aralık 2024): 219-229. https://izlik.org/JA26TX48GX.
JAMA
1.Çınar D. The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning. TUREK. 2024;6:219–229.
MLA
Çınar, Deniz. “The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning”. Turizm Ekonomi ve İşletme Araştırmaları Dergisi, c. 6, sy 2, Aralık 2024, ss. 219-2, https://izlik.org/JA26TX48GX.
Vancouver
1.Deniz Çınar. The role of artificial intelligence and big data analytics in business management: A review of decision – making and strategic planning. TUREK [Internet]. 01 Aralık 2024;6(2):219-2. Erişim adresi: https://izlik.org/JA26TX48GX