AI in Business

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What does AI stand for?

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Artificial Intelligence

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What is the purpose of AI in business?

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To increase efficiency and reduce costs

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What is a chatbot?

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An AI program that can communicate with humans via text or voice

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What is the role of AI in finance?

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To identify investment opportunities, reduce fraud, and optimize portfolio management

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What is the role of AI in human resources?

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To automate recruitment and selection processes, identify employee training needs, and analyze employee performance data

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What is the role of AI in marketing?

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To analyze customer data and personalize marketing efforts

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Which of the following is an example of AI in business? A self-driving car, A social media platform, An e-commerce recommendation system, All of the above

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All of the above

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What is the difference between AI and automation?

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AI involves machines that can learn and adapt, while automation involves machines that perform repetitive tasks.

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What are the ethical considerations related to AI in business?

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Bias and discrimination, Privacy and security, Accountability and transparency.

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What is the Canvas Business Model?

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A strategic management tool used to visualize, analyze, and describe a business model.