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
Integrating Law, Technology, And Behavioral Insights:A Multidisciplinary Approach To Advances In Consumer Research
...
Original Article
A Study On The Effect Of Digital Marketing Techniques On Consumer Purchase Decisions In Online Market Place
Original Article
A Study On Marketing Effectiveness And Business Performance Of Housing Finance Institutions
...
Original Article
Navigating The Digital Highway: The Influence Of Social Media On Pre-Owned Car Marketing And Customer Perception
Loading Image...
Volume 2, Issue 3
Citations
1074 Views
1976 Downloads
Share this article
© Copyright Advances in Consumer Research