← USP and competition lesson New set →

Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 18 · 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.

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

Answer key

  1. a rival seller
  2. an unfair way
  3. it is a product
  4. friendlier service
  5. grabbing their spot
  6. grabbing their spot
  7. a unique selling point
  8. a clear USP
  9. ready in five minutes
  10. a clear USP
  11. we are open
  12. to set a fair price
  13. False
  14. False
  15. an unfair way
  16. a new flavour
  17. not a USP
  18. True
  19. a fair way to compete
  20. faster service
  21. same as every stall
  22. ready in five minutes
  23. a new flavour
  24. a sugar-free recipe
  25. we sell things
  26. copying a rival’s logo
  27. an unfair way
  28. it has a price
  29. free name tags
  30. copying a rival’s logo
  31. not a USP
  32. a clear USP
  33. breaking their sign
  34. free name tags
  35. a clear USP
  36. personalised with names
  37. not a USP
  38. lying about a rival
  39. we are open
  40. better quality

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids