Title: The Role of AI in Enhancing Business Decision-Making: Innovations and Implications
Authors: Faten Y. A. Abu Samara, Aya Helmi Abu Taha, Nawal Maher Massa, Tanseen N. Abu Jamie, Fadi E.S. Harara, Bassem S. Abu-Nasser and Samy S. Abu-Naser
Volume: 8
Issue: 9
Pages: 8-15
Publication Date: 2024/09/28
Abstract:
Artificial Intelligence (AI) has rapidly advanced, offering significant potential to transform business decision-making. This paper delves into how AI can be harnessed to enhance strategic decision-making within business contexts. It investigates the integration of AI-driven analytics, predictive modeling, and automation, emphasizing their role in improving decision accuracy and operational efficiency. By examining current applications and case studies, the paper underscores the opportunities AI offers, including improved data insights, risk management, and personalized customer experiences. It also addresses the challenges businesses face when adopting AI, such as data privacy concerns, integration difficulties, and the need for skilled professionals. The paper concludes by offering recommendations for successfully implementing AI solutions to maximize benefits while mitigating potential challenges.