Manpower planning is an essential function in organizations. While it may not always lead to a positive process, it sometimes leads to actions such as corporate restructuring. Do you think corporate restructuring has become rampant? Give any one industry example. What are your views on corporate restructuring in the light of advanced technology, IoT and artificial intelligence?
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In the case of corporate restructuring, advanced technology and artificial intelligence has brought about much significant impact. This can be understood via various examples of C.A.D, C.A.M and C.I.M
where, CAD is the use of technology to enhance the capital working in a company, "computer aided design",
"Computer aided machinery" and computer integrated machinery.
All such functions are incorporated into the use of daily corporate businesses that accept new advancements and try to increase their efficiency. They lead to a loss in labor force as well because now machines are doing the jobs of the people.
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