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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 355 · 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.🏪 Fair or unfair way to compete: posting fake reviews? (a) a fair way to compete (b) an unfair way
  2. 2.🏪 What is a competitor? (a) a supplier (b) a rival seller (c) your teammate (d) a customer
  3. 3.Which of these is an unfair way to compete? (a) faster service (b) spreading rumours (c) a cleaner stall (d) better quality
  4. 4.📊 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
  5. 5.🔍 Which is the odd one out? (a) it is a product (b) it has a price (c) same as every stall (d) ready in five minutes
  6. 6.True or false: “ready in five minutes” is not a unique selling point. (a) True (b) False
  7. 7.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) a clear USP (b) not a USP
  8. 8.🔍 Which is the odd one out? (a) spreading rumours (b) lying about a rival (c) faster service (d) grabbing their spot
  9. 9.Which of these is a clear unique selling point? (a) we sell things (b) we are open (c) it is a product (d) free name tags
  10. 10.🧪 How can you find a USP? (a) ask what buyers miss (b) pick a random word (c) skip it (d) copy the rival exactly
  11. 11.True or false: “personalised with names” is a clear unique selling point. (a) True (b) False
  12. 12.Which of these is not a unique selling point? (a) delivered to your door (b) ready in five minutes (c) we sell things (d) a new flavour each week
  13. 13.⭐ Two stalls sell lemonade. What helps you stand out? (a) a rude sign (b) a louder voice (c) a higher price only (d) a unique selling point
  14. 14.🔍 Which is the odd one out? (a) it has a price (b) ready in five minutes (c) personalised with names (d) free name tags
  15. 15.Which of these is a clear unique selling point? (a) same as every stall (b) we sell things (c) it is a product (d) delivered to your door
  16. 16.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) a clear USP (b) not a USP
  17. 17.Which of these is not a unique selling point? (a) a new flavour each week (b) personalised with names (c) it is a product (d) a sugar-free recipe
  18. 18.Which of these is an unfair way to compete? (a) a fair, lower price (b) a new flavour (c) faster service (d) copying a rival’s logo
  19. 19.🛍️ Why is competition good for customers? (a) it is not good (b) prices always rise (c) shops get rude (d) they get better choices
  20. 20.Which of these is a fair way to compete? (a) lying about a rival (b) a new flavour (c) posting fake reviews (d) breaking their sign
  21. 21.🔍 Which is the odd one out? (a) it has a price (b) same as every stall (c) a sugar-free recipe (d) it is a product
  22. 22.True or false: “free name tags” is a clear unique selling point. (a) False (b) True
  23. 23.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) not a USP (b) a clear USP
  24. 24.Which of these is a fair way to compete? (a) grabbing their spot (b) breaking their sign (c) posting fake reviews (d) a fair, lower price
  25. 25.🏪 Fair or unfair way to compete: a fair, lower price? (a) an unfair way (b) a fair way to compete
  26. 26.🔍 Which is the odd one out? (a) we sell things (b) free name tags (c) it is a product (d) we are open
  27. 27.⭐ Is this a clear unique selling point (USP): “a sugar-free recipe”? (a) a clear USP (b) not a USP
  28. 28.🔍 Which is the odd one out? (a) spreading rumours (b) friendlier service (c) better quality (d) a cleaner stall
  29. 29.🔍 Which is the odd one out? (a) faster service (b) friendlier service (c) a cleaner stall (d) copying a rival’s logo
  30. 30.🏪 Fair or unfair way to compete: lying about a rival? (a) an unfair way (b) a fair way to compete
  31. 31.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) a clear USP (b) not a USP
  32. 32.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) a clear USP (b) not a USP
  33. 33.🔍 Which is the odd one out? (a) posting fake reviews (b) copying a rival’s logo (c) grabbing their spot (d) friendlier service
  34. 34.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) a clear USP (b) not a USP
  35. 35.⭐ Is this a clear unique selling point (USP): “same as every stall”? (a) a clear USP (b) not a USP
  36. 36.🏪 Fair or unfair way to compete: better quality? (a) an unfair way (b) a fair way to compete
  37. 37.Which of these is a fair way to compete? (a) posting fake reviews (b) better quality (c) grabbing their spot (d) copying a rival’s logo
  38. 38.Which of these is an unfair way to compete? (a) a new flavour (b) posting fake reviews (c) friendlier service (d) a fair, lower price
  39. 39.Which of these is a fair way to compete? (a) copying a rival’s logo (b) spreading rumours (c) grabbing their spot (d) faster service
  40. 40.🔍 Which is the odd one out? (a) a sugar-free recipe (b) same as every stall (c) made from waste paper (d) free name tags

Answer key

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

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