I just installed Tiny11 ARM from the Internet Archive (archive.org). Once I installed VMware Tools, drag/drop of folders worked fine both ways (from host to guest and guest to host).
Getting back on-topic, though. If the OP is running Linux, there's a known issue with open-vm-tools and the legacy VMware Tools where shared folders won't mount at VM boot. If that happens, go to the Fusion settings for the VM and toggle the shared folders off, then on again. The folders should remount.
There is a persistent workaround for this - see the unofficial guide found in the VMware Fusion Documents section of the forum for how to implement this persistent workaround.