ECONOMICS
ENTREPRENEURS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Failure to apply for a loan or a grant
|
|
|
Shortage of trained employees
|
|
|
Lack of a good advertising campaign
|
|
|
Failure to pay taxes for the new business
|
Detailed explanation-1: -Lack of Interest Many employee training programs struggle with a lack of interest from workers who fail to see the value or benefits of training courses to their personal success. Other employees may leave sessions early or simply skip classes outright if they perceive it to be boring or low-value.
Detailed explanation-2: -When attending training, a number of factors enhance or detract from a learning experience. These factors could be the space and colors of the building, seating arrangement, environmental considerations, the attitude of trainees, and other factors that may affect a positive learning environment.
Detailed explanation-3: -Organizations wouldn’t see a need to invest or train their work force if the demand for their goods and services are low (Taylor 1983). Employee turnover is a major reason why organizations are reluctant to invest. When turnover is high, general and specific training investments will reduce.
Detailed explanation-4: -Information Overload. Workforce Resistance. Ineffective Training Methods. Mundane vs Periodical tasks. Lack of Employee Engagement. Employee Roadblocks. Poor Feedback and Support System.