← USP and competition lesson New set →

Entrepreneurship Worksheet: USP and Competition

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

Answer key

  1. they get better choices
  2. not a USP
  3. free name tags
  4. made from waste paper
  5. a rival seller
  6. copying a rival’s logo
  7. True
  8. it is a product
  9. ready in five minutes
  10. an unfair way
  11. personalised with names
  12. a fair way to compete
  13. ask what buyers miss
  14. not a USP
  15. False
  16. False
  17. False
  18. an unfair way
  19. posting fake reviews
  20. True
  21. copying a rival’s logo
  22. an unfair way
  23. False
  24. we are open
  25. delivered to your door
  26. faster service
  27. an unfair way
  28. a new flavour
  29. a clear USP
  30. a fair way to compete
  31. a clear USP
  32. a fair way to compete
  33. to set a fair price
  34. a fair way to compete
  35. same as every stall
  36. not a USP
  37. an unfair way
  38. not a USP
  39. a unique selling point
  40. a new flavour

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