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What is a common obstacle faced by Indian SMEs in adopting advanced technologies?  A. Lack of skilled workforce  B. Excessive government intervention  C. Abundance of technological resources  D. Overinvestment in R&D

Question

What is a common obstacle faced by Indian SMEs in adopting advanced technologies?  A. Lack of skilled workforce  B. Excessive government intervention  C. Abundance of technological resources  D. Overinvestment in R&D

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Solution

A common obstacle faced by Indian SMEs in adopting advanced technologies is A. Lack of skilled workforce. This is because many SMEs may not have the necessary personnel who are trained or experienced in using advanced technologies. This lack of skills can make it difficult for these businesses to effectively implement and use new technologies in their operations.

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