Creating ingenious dynamic novelty with new perspectives for classifying the applications and exhibiting the implications with the integration of AI technologies in business management and e-commerce: A theoretical and review-based research study

The business world is increasingly interested in AI technology due to its quick development. AI is the scientific and technical discipline of building intelligent machines and computer systems. AI is broadly integrated into many facets of daily life and corporate activities. The primary purpose of this article is to explore the value of AI as an ingenious dynamic novelty that simulates human intellect by thinking like a human and represents several applications and implications of AI technologies in business management and e-commerce within the Asian and Bangladeshi contexts. Current improvements in AI and ongoing advancement in e-commerce have made it feasible to establish new forms of collaboration and integration, a significant competitive advantage that corporate management activities can use. This study was a literature review conducted by collecting data from various articles, scientific journals and websites relevant to the topics discussed. The research study's findings demonstrated that the applications of AI and its beneficial effects in business management and e-commerce can significantly improve operational process efficiency and bring businesses more value, enhancing their competitiveness and productivity. The business management process also needs to be creative and logical, and the emergence of generative AI is undoubtedly a good fit for this need. Here, I will briefly discuss the prospects of generative AI in business management and the issues managers still need to address to utilise generative AI's capabilities fully. It studies the application of AI in recommendations, envision search, AI assistants, and optimum pricing. This study examines the significant ways AI supports and shapes the development of related sectors. The study concludes AI's worth and considerable impact on associated workplaces' operations, management and performance.