Harvard Business School Publishing Copyright Article
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Questions and Answers

What is the main function of LLMs?

Finding the next set of words that is maximally coherent with the words that came before it.

Do LLMs understand the meanings of words?

No, LLMs do not grasp the meanings of words.

Why can't LLMs provide explanations for their recommendations?

LLMs base their outputs on probability, not reasons.

What is the startling aspect of recent LLMs like GPT-4?

<p>They can make sense without knowing what they're saying.</p> Signup and view all the answers

What is the process behind an LLM generating explanations?

<p>LLMs generate plausible-sounding reasons based on predicting which words go together.</p> Signup and view all the answers

Innovation is not important for businesses to stay competitive in the global marketplace.

<p>False</p> Signup and view all the answers

International businesses do not need to create a culture that values and encourages innovation.

<p>False</p> Signup and view all the answers

Open innovation does not involve collaborating with external partners.

<p>False</p> Signup and view all the answers

Cross-functional teams in international businesses are not effective for fostering innovation.

<p>False</p> Signup and view all the answers

Allocating resources to research and development is not crucial for fostering innovation in international business.

<p>False</p> Signup and view all the answers

Implementing a structured innovation process hinders the development of innovative ideas.

<p>False</p> Signup and view all the answers

Innovation can help companies stand out from competitors by offering unique products or services.

<p>True</p> Signup and view all the answers

Promoting a culture of innovation can attract top talent to companies.

<p>True</p> Signup and view all the answers

Expanding into international markets does not expose companies to new ideas and practices.

<p>False</p> Signup and view all the answers

Companies with a global presence cannot leverage it for knowledge sharing and collaboration.

<p>False</p> Signup and view all the answers

Innovation in international business does not require understanding local market conditions.

<p>False</p> Signup and view all the answers

Flexibility and adaptability allow companies to build sustainable operations across borders.

<p>True</p> Signup and view all the answers

Technological innovations in communication have not affected the way businesses operate globally.

<p>False</p> Signup and view all the answers

The rise of e-commerce has not impacted the global buying and selling of goods and services.

<p>False</p> Signup and view all the answers

Technological innovations have not enhanced supply chain management and logistics in international trade.

<p>False</p> Signup and view all the answers

Real-time communication and instant access to information have increased transaction costs for businesses.

<p>False</p> Signup and view all the answers

The use of e-commerce only benefits large corporations in international trade.

<p>False</p> Signup and view all the answers

Blockchain technology has not contributed to enhancing visibility and traceability in the supply chain.

<p>False</p> Signup and view all the answers

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