← USP and competition lesson New set →

Entrepreneurship Worksheet: USP and Competition

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

Answer key

  1. better quality
  2. an unfair way
  3. free name tags
  4. a clear USP
  5. posting fake reviews
  6. made from waste paper
  7. delivered to your door
  8. made from waste paper
  9. a fair way to compete
  10. not a USP
  11. a rival seller
  12. ask what buyers miss
  13. personalised with names
  14. a clear USP
  15. not a USP
  16. personalised with names
  17. grabbing their spot
  18. spreading rumours
  19. spreading rumours
  20. breaking their sign
  21. True
  22. not a USP
  23. not a USP
  24. a clear USP
  25. a sugar-free recipe
  26. an unfair way
  27. a unique selling point
  28. we have a table
  29. a cleaner stall
  30. they get better choices
  31. a fair way to compete
  32. False
  33. same as every stall
  34. a clear USP
  35. we sell things
  36. ready in five minutes
  37. to set a fair price
  38. posting fake reviews
  39. it has a price
  40. False

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