Essay

Contemporary Management Issues in the 21st Century

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Institution
London School Of Commerce (LSC)

The following essay will evaluate the role of artificial intelligence in overall business strategy and the management of workforces in organisations within the global environment. Also, the essay will also describe the competitive strategy models and the Human Resource theory to evaluate the signif...

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Uploaded on November 15, 2023
Number of pages 8
Written in 2022/2023
Type Essay
Professor(s) Unknown
Grade C

contemporary management
21st century
artificial inteligence
human resources

Institution
London School of Commerce (LSC)
Education Unknown
Course Unknown

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BA in Business Studies

Essay on:
< Contemporary Management Issues>

Title:
< Contemporary Management Issues in the 21st Century>

Date of submission:30/05/2022

, Contemporary Management Issues

Introduction

The ability of the computer to ease and perform human tasks is referred to as Artificial intelligence.
The concept of artificial intelligence has enabled machines to think like humans. However,
artificial intelligence does not replace human beings but enhances their work capabilities.
Moreover, the Covid pandemic has been devastating for the business world in terms of revenue
generation. Business collaborations and facilitating collaboration among the employees become
one of the major problems of the business leaders in the world. Their artificial intelligence played
a significant role in easing the business processes of the business organisation. The following essay
will evaluate the role of artificial intelligence in overall business strategy and the management of
workforces in organisations within the global environment. Also, the essay will also describe the
competitive strategy models and the Human Resource theory to evaluate the significance of
artificial intelligence in the business environment during the pandemic. Further, the following
essay will also elaborate on the importance of talent acquisition, learning and development and
change in the global management strategy in the competitive business world.

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