Which of the following is a step to execute if takeoff is continued after a tire failure?

When a tire failure occurs during takeoff but the decision is made to continue the takeoff, preparing for a straight-in approach is a critical step. This involves adjusting the aircraft's flight path to ensure a safe landing in the event of an emergency resulting from the tire failure. A straight-in approach minimizes the aircraft's maneuvering, which is particularly important when dealing with potential performance issues caused by the tire damage.

Additionally, by preparing for a straight-in approach, the pilot can coordinate with air traffic control efficiently and expedite the landing process. This preparation allows for a more stable and controlled descent, reducing stress and workload during a potentially challenging situation.

The other choices may not be appropriate for handling a tire failure during takeoff. Options involving steep turns or increasing landing gear altitude potentially complicate the situation further, increasing the risks associated with maintaining control of the aircraft under less-than-ideal conditions. Adjusting speed for climb might seem beneficial, but it does not directly address the need for a safe landing strategy after a tire failure. Thus, ensuring readiness for a straight-in approach stands out as the most focused and effective response to manage the emergency effectively.