This report examines the crucial role of digital business and new technologies, particularly artificial intelligence (AI), in modern business models. It highlights AI's importance in creating value for customers and businesses, as well as improving internal operations. The report details the development of AI, its technologies, and software applications across various business organizations, emphasizing its effectiveness as a business tool. It explores the relationship between digital technologies and emerging business and management theories, including classical, modern, behavioral, scientific, and system management theories. The analysis concludes that AI significantly enhances asset utilization, productivity, and decision-making processes, contributing to digital transformation and competitive advantage. Desklib provides access to this and other solved assignments to aid student learning.