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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 354 · 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.📊 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
  2. 2.Which of these is an unfair way to compete? (a) friendlier service (b) a new flavour (c) spreading rumours (d) a cleaner stall
  3. 3.True or false: “we sell things” is not a unique selling point. (a) True (b) False
  4. 4.🔍 Which is the odd one out? (a) it is a product (b) we are open (c) made from waste paper (d) we sell things
  5. 5.🔍 Which is the odd one out? (a) a fair, lower price (b) better quality (c) spreading rumours (d) faster service
  6. 6.🏪 What is a competitor? (a) a customer (b) a rival seller (c) a supplier (d) your teammate
  7. 7.True or false: “personalised with names” is a clear unique selling point. (a) False (b) True
  8. 8.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) not a USP (b) a clear USP
  9. 9.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) a clear USP (b) not a USP
  10. 10.Which of these is not a unique selling point? (a) delivered to your door (b) we are open (c) free name tags (d) made from waste paper
  11. 11.Which of these is not a unique selling point? (a) delivered to your door (b) it has a price (c) ready in five minutes (d) a new flavour each week
  12. 12.Which of these is a clear unique selling point? (a) a sugar-free recipe (b) it has a price (c) same as every stall (d) we sell things
  13. 13.⭐ Is this a clear unique selling point (USP): “a new flavour each week”? (a) not a USP (b) a clear USP
  14. 14.True or false: “it has a price” is a clear unique selling point. (a) False (b) True
  15. 15.Which of these is an unfair way to compete? (a) better quality (b) lying about a rival (c) friendlier service (d) a cleaner stall
  16. 16.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  17. 17.🏪 Fair or unfair way to compete: a cleaner stall? (a) a fair way to compete (b) an unfair way
  18. 18.Which of these is a clear unique selling point? (a) same as every stall (b) we sell things (c) free name tags (d) it is a product
  19. 19.Which of these is a clear unique selling point? (a) it has a price (b) delivered to your door (c) we are open (d) we sell things
  20. 20.Which of these is a fair way to compete? (a) spreading rumours (b) posting fake reviews (c) copying a rival’s logo (d) better quality
  21. 21.🛍️ Why is competition good for customers? (a) it is not good (b) prices always rise (c) shops get rude (d) they get better choices
  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 a clear unique selling point. (a) False (b) True
  24. 24.🔍 Which is the odd one out? (a) spreading rumours (b) copying a rival’s logo (c) breaking their sign (d) better quality
  25. 25.🔍 Which is the odd one out? (a) a fair, lower price (b) better quality (c) posting fake reviews (d) faster service
  26. 26.🔍 Which is the odd one out? (a) lying about a rival (b) grabbing their spot (c) a fair, lower price (d) spreading rumours
  27. 27.🔍 Which is the odd one out? (a) delivered to your door (b) made from waste paper (c) it is a product (d) free name tags
  28. 28.🔍 Which is the odd one out? (a) faster service (b) copying a rival’s logo (c) a fair, lower price (d) a new flavour
  29. 29.🔍 Which is the odd one out? (a) copying a rival’s logo (b) grabbing their spot (c) lying about a rival (d) friendlier service
  30. 30.🔍 Which is the odd one out? (a) a new flavour (b) grabbing their spot (c) lying about a rival (d) copying a rival’s logo
  31. 31.True or false: “same as every stall” is a clear unique selling point. (a) False (b) True
  32. 32.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) a clear USP (b) not a USP
  33. 33.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) not a USP (b) a clear USP
  34. 34.🔍 Which is the odd one out? (a) same as every stall (b) free name tags (c) made from waste paper (d) a new flavour each week
  35. 35.🔍 Which is the odd one out? (a) a fair, lower price (b) lying about a rival (c) better quality (d) a new flavour
  36. 36.True or false: “a new flavour each week” is a clear unique selling point. (a) False (b) True
  37. 37.🔍 Which is the odd one out? (a) faster service (b) friendlier service (c) grabbing their spot (d) a fair, lower price
  38. 38.Which of these is a fair way to compete? (a) grabbing their spot (b) a cleaner stall (c) lying about a rival (d) copying a rival’s logo
  39. 39.⭐ Two stalls sell lemonade. What helps you stand out? (a) a rude sign (b) a higher price only (c) a unique selling point (d) a louder voice
  40. 40.🔍 Which is the odd one out? (a) lying about a rival (b) faster service (c) copying a rival’s logo (d) grabbing their spot

Answer key

  1. to set a fair price
  2. spreading rumours
  3. True
  4. made from waste paper
  5. spreading rumours
  6. a rival seller
  7. True
  8. a clear USP
  9. a clear USP
  10. we are open
  11. it has a price
  12. a sugar-free recipe
  13. a clear USP
  14. False
  15. lying about a rival
  16. a clear USP
  17. a fair way to compete
  18. free name tags
  19. delivered to your door
  20. better quality
  21. they get better choices
  22. an unfair way
  23. True
  24. better quality
  25. posting fake reviews
  26. a fair, lower price
  27. it is a product
  28. copying a rival’s logo
  29. friendlier service
  30. a new flavour
  31. False
  32. not a USP
  33. not a USP
  34. same as every stall
  35. lying about a rival
  36. True
  37. grabbing their spot
  38. a cleaner stall
  39. a unique selling point
  40. faster service

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