Impact of Artificial Intelligence on Competitive Strategy and HR Theories

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Table of Contents
ESSAY.............................................................................................................................................3
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ESSAY
The Covid-19 pandemic is the contemporary issues and challenges of the 21st modern
century which are impacted on the many organization to embracing the latest technology and
digital technology. By the Covid-19 the economics of the worlds is affected by the pandemic and
they are downturn as well as migrated the home countries and native place. This essay is related
on the technology and issues which are face by the company to focus on the competitive model
and strategy as well as discuss the HR theories. The contact of the artificial intelligence is
depending on the business strategy with global environments. This essay will also evaluate the
importance of the development and learning, talent acquisition and change management
importance in the global competitive climate.
In the modern era, the changes of the technology is essential for the organization to adopt
the advanced and new technologies to enhance the operations and efficiencies of the business
organization as well as helps in the deliver the quality products and services in the competitive
marketplace (Wamba-Taguimdje, 2020). The company need to spotlight on the competitive
planning and strategies to achieve the competitive advantages in the marketplace. The various
companies in the modern era have adopted the new advanced technologies as the artificial
intelligence in the business operations and it helps in collecting the information and data of the
customers as well as helps in evaluate the performance of the business organization and analysis
the position f the business in the competitive marketplace. The competitive strategies in the
business are helps in explain with the help of porter's generic competitive strategy model. The
companies use the various strategies to gain the competitive advantages to enhance the
reputation and goodwill in the marketplace.
With the help of changes in the technology, the business focuses on the set out the low cost
production. The various advantages which are taken from the industry with the help of cost
advantages. Cost leadership includes technology, economy of scale as well as access to various
raw materials. The discrimination strategy helps the company wants to produce the new and
different product into the market and consider the a range of characteristic that are supposed by
the buyer and on the base of attract the customers as well as focus on the particular areas such as
growth and expansion of the company (Calzavara, 2020). In the further illustration, the company