Final answer:
Mistakes should be seen as learning experiences for entrepreneurs, providing insights for future decisions rather than reflecting past failures.
The correct option is C.
Step-by-step explanation:
From an entrepreneur's perspective, mistakes should be viewed as a learning experience. While making mistakes can be frustrating, especially when dealing with sunk costs or bearing the consequences of a failure, they are not indicative of a lack of intelligence.
Instead, they result from the natural function of our minds, as well as various unexpected shifts in market conditions that can affect the supply and demand, leading to business exits or failures. Embracing mistakes as learning opportunities encourages critical and reflective thinking, important for decision-making based on future prospects rather than past expenditures.
The correct option is C.