Advances in Consumer Research
Issue 3 : 935-943
Original Article
Machine Learning for Business Forecasting and Strategic Planning
 ,
 ,
 ,
1
Professor, Faculty of Management and Commerce, Ramaiah University of Applied Sciences, Bangaluru.
2
Professor, Kirloskar Institute of Management, Harihar
3
Associate Professor, Dept of Management Studies, Karnatak Arts College, Dharwad
4
Professor, PG Department of Business Administration, Rani Channamma University, Belagavi
Abstract

This study investigates how ML algorithms should be integrated into business forecasting models while planning use strategic resources effectively. This paper analyzes recent studies along with evaluating multiple machine learning techniques through regression and decision trees and neural networks and ensemble approaches then develops a method for integrating them into organizational forecasting processes. The research demonstrates that ML provides substantial improvements in both immediate and extended planning performance which generates competitive benefits with operational improvements

Keywords
Recommended Articles
Original Article
Sustainable Mindfulness Interventions in Higher Education Institutions: A Review Study
...
Original Article
From Adoption to Outcomes: Assessing the Impact of Digital Payment Systems on Financial Inclusion and Financial Well-being in India
Original Article
Geopolitical Oil Shocks and Sectoral Stock Returns in India: The Exchange rate channel during Middle East Conflicts..
...
Original Article
Adoption of ChatGPT Among University Students: Examining Self-Efficacy, Digital Literacy, Trust, Motivation, and Usage Behavior..
...
Loading Image...
Volume 2, Issue 3
Citations
1130 Views
2110 Downloads
Share this article
© Copyright Advances in Consumer Research