Cause
This issue occurs when the /etc/dhcp3 directory does not exist on the Ubuntu virtual machine. VMware Tools attempts to create a file within this directory which causes the failure.
Resolution
To resolve the issue, create a symbolic link from /etc/dhcp3 to /etc/dhcp or create a /etc/dhcp3 directory if it does not exist.
To create a symbolic link from /etc/dhcp3 to /etc/dhcp:
Support Link: