INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Failure to apply for a loan or a grant
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Shortage of trained employees
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Lack of a good advertising campaign
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Failure to pay taxes for the new business
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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: -Offer more hours to current employees. This is perhaps the easiest and quickest solution for staff shortages. Companies have people who already know the job and may be interested in working additional hours. Of course, that could mean paying overtime, but that’s better than losing clients.
Detailed explanation-3: -Inadequately trained employees are likely to experience poor job performance and increased levels of work-related stress. If your employees are feeling unhappy and undervalued, the chances of them searching elsewhere for progression and development opportunities will increase.