Question 1
The home replication strategy is often employed as a means of extending a product's life cycle in a foreign market and to replicate home-market success, as it views expansion abroad as an opportunity to generate additional sales for domestic product lines.
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Question 2
Visionary leadership is a quality of senior management that provides inspirational guidance and motivation to personnel, leading the firm to a better future. Visionary leaders exhibit superior creativity, discipline, and passion in the course of leading others to realization of their vision.
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◦ false