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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 174 · 40 questions
TalentJR

Business tip (Stand out, play fair): A USP is special and true: free name tags, made from waste paper, ready in five minutes, a sugar-free recipe. Not a USP: things every seller has (“we are open”, “it has a price”). Fair competition: quality, service, a fair price, new ideas. Unfair: lies, copying a logo, fake reviews, breaking a rival’s sign, grabbing their spot.

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  1. 1.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  2. 2.True or false: “free name tags” is a clear unique selling point. (a) True (b) False
  3. 3.🏪 Fair or unfair way to compete: faster service? (a) a fair way to compete (b) an unfair way
  4. 4.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) not a USP (b) a clear USP
  5. 5.🔍 Which is the odd one out? (a) lying about a rival (b) breaking their sign (c) better quality (d) grabbing their spot
  6. 6.🏪 Fair or unfair way to compete: breaking their sign? (a) an unfair way (b) a fair way to compete
  7. 7.Which of these is an unfair way to compete? (a) a fair, lower price (b) a cleaner stall (c) posting fake reviews (d) better quality
  8. 8.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) not a USP (b) a clear USP
  9. 9.🔍 Which is the odd one out? (a) copying a rival’s logo (b) grabbing their spot (c) a cleaner stall (d) posting fake reviews
  10. 10.🏪 Fair or unfair way to compete: a fair, lower price? (a) an unfair way (b) a fair way to compete
  11. 11.Which of these is a fair way to compete? (a) friendlier service (b) grabbing their spot (c) breaking their sign (d) copying a rival’s logo
  12. 12.⭐ Is this a clear unique selling point (USP): “a new flavour each week”? (a) not a USP (b) a clear USP
  13. 13.🛍️ Why is competition good for customers? (a) shops get rude (b) it is not good (c) prices always rise (d) they get better choices
  14. 14.Which of these is a fair way to compete? (a) copying a rival’s logo (b) posting fake reviews (c) faster service (d) breaking their sign
  15. 15.True or false: “made from waste paper” is not a unique selling point. (a) True (b) False
  16. 16.Which of these is a fair way to compete? (a) copying a rival’s logo (b) lying about a rival (c) posting fake reviews (d) a fair, lower price
  17. 17.🔍 Which is the odd one out? (a) we have a table (b) free name tags (c) a new flavour each week (d) a sugar-free recipe
  18. 18.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) not a USP (b) a clear USP
  19. 19.🏪 Fair or unfair way to compete: a cleaner stall? (a) an unfair way (b) a fair way to compete
  20. 20.Which of these is a clear unique selling point? (a) it is a product (b) we are open (c) same as every stall (d) delivered to your door
  21. 21.🔍 Which is the odd one out? (a) it has a price (b) ready in five minutes (c) a new flavour each week (d) personalised with names
  22. 22.Which of these is a clear unique selling point? (a) it has a price (b) we have a table (c) a sugar-free recipe (d) it is a product
  23. 23.🔍 Which is the odd one out? (a) a sugar-free recipe (b) personalised with names (c) we sell things (d) made from waste paper
  24. 24.🏪 Fair or unfair way to compete: posting fake reviews? (a) a fair way to compete (b) an unfair way
  25. 25.Which of these is an unfair way to compete? (a) copying a rival’s logo (b) a new flavour (c) a fair, lower price (d) a cleaner stall
  26. 26.🏪 What is a competitor? (a) a supplier (b) a customer (c) a rival seller (d) your teammate
  27. 27.True or false: “we sell things” is a clear unique selling point. (a) True (b) False
  28. 28.🔍 Which is the odd one out? (a) delivered to your door (b) a new flavour each week (c) a sugar-free recipe (d) it is a product
  29. 29.Which of these is not a unique selling point? (a) a sugar-free recipe (b) we have a table (c) delivered to your door (d) free name tags
  30. 30.Which of these is an unfair way to compete? (a) a new flavour (b) a fair, lower price (c) friendlier service (d) lying about a rival
  31. 31.True or false: “personalised with names” is a clear unique selling point. (a) False (b) True
  32. 32.🏪 Fair or unfair way to compete: friendlier service? (a) an unfair way (b) a fair way to compete
  33. 33.⭐ Two stalls sell lemonade. What helps you stand out? (a) a louder voice (b) a rude sign (c) a unique selling point (d) a higher price only
  34. 34.🏪 Fair or unfair way to compete: better quality? (a) an unfair way (b) a fair way to compete
  35. 35.🔍 Which is the odd one out? (a) a fair, lower price (b) a new flavour (c) faster service (d) lying about a rival
  36. 36.True or false: “same as every stall” is a clear unique selling point. (a) True (b) False
  37. 37.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) not a USP (b) a clear USP
  38. 38.📊 A rival sells chai at ₹10. Why should you know this? (a) to close them down (b) to set a fair price (c) to copy their sign (d) to complain
  39. 39.🔍 Which is the odd one out? (a) a cleaner stall (b) a fair, lower price (c) better quality (d) spreading rumours
  40. 40.Which of these is a clear unique selling point? (a) it has a price (b) we are open (c) we sell things (d) ready in five minutes

Answer key

  1. a clear USP
  2. True
  3. a fair way to compete
  4. not a USP
  5. better quality
  6. an unfair way
  7. posting fake reviews
  8. a clear USP
  9. a cleaner stall
  10. a fair way to compete
  11. friendlier service
  12. a clear USP
  13. they get better choices
  14. faster service
  15. False
  16. a fair, lower price
  17. we have a table
  18. a clear USP
  19. a fair way to compete
  20. delivered to your door
  21. it has a price
  22. a sugar-free recipe
  23. we sell things
  24. an unfair way
  25. copying a rival’s logo
  26. a rival seller
  27. False
  28. it is a product
  29. we have a table
  30. lying about a rival
  31. True
  32. a fair way to compete
  33. a unique selling point
  34. a fair way to compete
  35. lying about a rival
  36. False
  37. not a USP
  38. to set a fair price
  39. spreading rumours
  40. ready in five minutes

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