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According to the "Spotlight on Small Business" Box in Chapter

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According to the "Spotlight on Small Business" box in Chapter 16, for small entrepreneurs like Amy Scherber of Amy's Bread in New York, it's best to forget about promotion and focus your efforts on becoming a low-cost producer to compete in a competitive market like breads.


Definitions:

Self-Esteem

An individual's overall subjective emotional evaluation of their own worth; it is a judgment of oneself as well as an attitude toward the self.

Cognitive Schemata

Mental structures that hold an individual's knowledge, beliefs, and expectations about the world, guiding information processing and behavior.

Learning History

A record of an individual’s experiences that impact how they respond or adapt to similar future situations.

Etiology

The study of the causes or origins of diseases or conditions.

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