It’s been a year since Roland started a small retail business. His only supplier went bankrupt after a few months. Roland’s business thus ran into large-scale losses. How should Roland face his business failure?








A.

He should give up entrepreneurship and come up with a new mission for his life.

B.

He should hold on to his entrepreneurial vision and learn from his past mistakes.

C.

He should change his line of business.

D.

He should try to achieve relatively less challenging business objectives.

Answers

Answer 1

Answer:

it's B i took the test on Pluto

Explanation:

Answer 2
Final answer:

Roland should hold on to his entrepreneurial vision and learn from his past mistakes.

Explanation:

The best approach for Roland to handle his business failure is option B. He should hold on to his entrepreneurial vision and learn from his past mistakes.

Roland should reflect on the reasons why his business failed and identify the mistakes he made. This will help him gain valuable insights and prevent similar mistakes in the future.He should seek advice and guidance from experienced entrepreneurs or business mentors who can provide valuable insights and strategies to overcome the challenges he is facing.Roland should also consider exploring alternative suppliers to ensure a steady flow of inventory and minimize the risk of relying solely on one supplier.

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