Question

Which of the following model use training as the primary tool to foster microbusiness development, recognizing...

Which of the following model use training as the primary tool to foster microbusiness development, recognizing that knowledge and skills rather than credit are the foundation for business success?

Peer group model

Individual lending model

Training-led model

None of these
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Answer #1

Option C.

  • The training led model uses training as the primary tool to foster microbusiness development.
  • It is a model that recognises the knowledge and skills rather than credit as the foundation for the success of business.
  • This model focusses on integrating individuaIs into the labour market and the microbusiness development focusses on promoting the individuals spirit, self confidence, dignity etc.
  • Their main aim is to increase the returns from productivity by recognizing each individual's skills and knowledge.
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