← USP and competition lesson New set →

Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 343 · 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.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) not a USP (b) a clear USP
  2. 2.📊 A rival sells chai at ₹10. Why should you know this? (a) to copy their sign (b) to complain (c) to close them down (d) to set a fair price
  3. 3.⭐ 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
  4. 4.🏪 Fair or unfair way to compete: copying a rival’s logo? (a) an unfair way (b) a fair way to compete
  5. 5.🔍 Which is the odd one out? (a) posting fake reviews (b) friendlier service (c) a new flavour (d) a fair, lower price
  6. 6.🧪 How can you find a USP? (a) skip it (b) pick a random word (c) copy the rival exactly (d) ask what buyers miss
  7. 7.True or false: “made from waste paper” is a clear unique selling point. (a) False (b) True
  8. 8.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) not a USP (b) a clear USP
  9. 9.🛍️ Why is competition good for customers? (a) they get better choices (b) it is not good (c) prices always rise (d) shops get rude
  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 is the odd one out? (a) copying a rival’s logo (b) better quality (c) a new flavour (d) friendlier service
  12. 12.🏪 Fair or unfair way to compete: spreading rumours? (a) an unfair way (b) a fair way to compete
  13. 13.⭐ Is this a clear unique selling point (USP): “same as every stall”? (a) a clear USP (b) not a USP
  14. 14.Which of these is a clear unique selling point? (a) we sell things (b) it is a product (c) we are open (d) free name tags
  15. 15.🔍 Which is the odd one out? (a) it is a product (b) made from waste paper (c) it has a price (d) we are open
  16. 16.Which of these is not a unique selling point? (a) a sugar-free recipe (b) made from waste paper (c) personalised with names (d) same as every stall
  17. 17.Which of these is a fair way to compete? (a) lying about a rival (b) breaking their sign (c) a cleaner stall (d) spreading rumours
  18. 18.Which of these is an unfair way to compete? (a) friendlier service (b) better quality (c) a cleaner stall (d) copying a rival’s logo
  19. 19.🏪 Fair or unfair way to compete: posting fake reviews? (a) an unfair way (b) a fair way to compete
  20. 20.🔍 Which is the odd one out? (a) lying about a rival (b) friendlier service (c) faster service (d) a cleaner stall
  21. 21.🔍 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
  22. 22.🏪 Fair or unfair way to compete: faster service? (a) an unfair way (b) a fair way to compete
  23. 23.True or false: “a sugar-free recipe” is not a unique selling point. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) breaking their sign (b) posting fake reviews (c) better quality (d) spreading rumours
  25. 25.🏪 Fair or unfair way to compete: grabbing their spot? (a) an unfair way (b) a fair way to compete
  26. 26.True or false: “ready in five minutes” is not a unique selling point. (a) True (b) False
  27. 27.⭐ Is this a clear unique selling point (USP): “made from waste paper”? (a) a clear USP (b) not a USP
  28. 28.True or false: “personalised with names” is a clear unique selling point. (a) True (b) False
  29. 29.True or false: “delivered to your door” is not a unique selling point. (a) False (b) True
  30. 30.🔍 Which is the odd one out? (a) friendlier service (b) a new flavour (c) a fair, lower price (d) grabbing their spot
  31. 31.Which of these is a fair way to compete? (a) lying about a rival (b) breaking their sign (c) friendlier service (d) copying a rival’s logo
  32. 32.True or false: “free name tags” is not a unique selling point. (a) True (b) False
  33. 33.Which of these is an unfair way to compete? (a) breaking their sign (b) faster service (c) friendlier service (d) a new flavour
  34. 34.Which of these is a clear unique selling point? (a) ready in five minutes (b) it has a price (c) we have a table (d) we sell things
  35. 35.🏪 Fair or unfair way to compete: friendlier service? (a) a fair way to compete (b) an unfair way
  36. 36.True or false: “it has a price” is not a unique selling point. (a) False (b) True
  37. 37.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) not a USP (b) a clear USP
  38. 38.🔍 Which is the odd one out? (a) we sell things (b) a sugar-free recipe (c) personalised with names (d) delivered to your door
  39. 39.🏪 Fair or unfair way to compete: breaking their sign? (a) a fair way to compete (b) an unfair way
  40. 40.Which of these is an unfair way to compete? (a) spreading rumours (b) a cleaner stall (c) faster service (d) a fair, lower price

Answer key

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

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