Question: A chase strategy often involves hiring and laying off workers regularly. Costs of hiring, layoff, and training various human resource implications of such a strategy.

A chase strategy often involves hiring and laying off workers regularly. Costs of hiring, layoff, and training various human resource implications of such a strategy.

What are some potential pitfalls, beyond the known direct hiring, layoff, and training costs, of a chase strategy?

What potentially unforeseen worker-related issues might emerge?

What human resource strategies might a firm implement to mitigate some of these potential risks?

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