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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 387 · 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.Which of these is an unfair way to compete? (a) friendlier service (b) faster service (c) posting fake reviews (d) a cleaner stall
  2. 2.Which of these is a fair way to compete? (a) posting fake reviews (b) grabbing their spot (c) a fair, lower price (d) breaking their sign
  3. 3.🔍 Which is the odd one out? (a) copying a rival’s logo (b) friendlier service (c) faster service (d) better quality
  4. 4.True or false: “we are open” is a clear unique selling point. (a) False (b) True
  5. 5.True or false: “we sell things” is a clear unique selling point. (a) True (b) False
  6. 6.⭐ Is this a clear unique selling point (USP): “made from waste paper”? (a) not a USP (b) a clear USP
  7. 7.🔍 Which is the odd one out? (a) we are open (b) ready in five minutes (c) it has a price (d) we sell things
  8. 8.🔍 Which is the odd one out? (a) personalised with names (b) we sell things (c) we have a table (d) we are open
  9. 9.True or false: “we have a table” is not a unique selling point. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) free name tags (b) ready in five minutes (c) personalised with names (d) same as every stall
  11. 11.⭐ Is this a clear unique selling point (USP): “we are open”? (a) a clear USP (b) not a USP
  12. 12.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) not a USP (b) a clear USP
  13. 13.🔍 Which is the odd one out? (a) spreading rumours (b) lying about a rival (c) faster service (d) posting fake reviews
  14. 14.🔍 Which is the odd one out? (a) we sell things (b) same as every stall (c) a sugar-free recipe (d) it is a product
  15. 15.⭐ Two stalls sell lemonade. What helps you stand out? (a) a louder voice (b) a rude sign (c) a unique selling point (d) a higher price only
  16. 16.⭐ Is this a clear unique selling point (USP): “a new flavour each week”? (a) not a USP (b) a clear USP
  17. 17.True or false: “made from waste paper” is a clear unique selling point. (a) True (b) False
  18. 18.🏪 Fair or unfair way to compete: a fair, lower price? (a) a fair way to compete (b) an unfair way
  19. 19.Which of these is not a unique selling point? (a) ready in five minutes (b) made from waste paper (c) it has a price (d) free name tags
  20. 20.🔍 Which is the odd one out? (a) a new flavour (b) friendlier service (c) better quality (d) posting fake reviews
  21. 21.Which of these is a clear unique selling point? (a) a new flavour each week (b) same as every stall (c) we have a table (d) it is a product
  22. 22.🔍 Which is the odd one out? (a) a cleaner stall (b) spreading rumours (c) posting fake reviews (d) lying about a rival
  23. 23.Which of these is an unfair way to compete? (a) better quality (b) grabbing their spot (c) friendlier service (d) a new flavour
  24. 24.True or false: “it has a price” is not a unique selling point. (a) False (b) True
  25. 25.🔍 Which is the odd one out? (a) breaking their sign (b) better quality (c) faster service (d) friendlier service
  26. 26.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) not a USP (b) a clear USP
  27. 27.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) a clear USP (b) not a USP
  28. 28.🔍 Which is the odd one out? (a) lying about a rival (b) copying a rival’s logo (c) breaking their sign (d) a new flavour
  29. 29.Which of these is an unfair way to compete? (a) breaking their sign (b) friendlier service (c) a new flavour (d) a fair, lower price
  30. 30.Which of these is an unfair way to compete? (a) a fair, lower price (b) lying about a rival (c) a cleaner stall (d) faster service
  31. 31.Which of these is not a unique selling point? (a) it is a product (b) ready in five minutes (c) free name tags (d) a sugar-free recipe
  32. 32.Which of these is a fair way to compete? (a) spreading rumours (b) copying a rival’s logo (c) a cleaner stall (d) posting fake reviews
  33. 33.Which of these is not a unique selling point? (a) made from waste paper (b) we sell things (c) a sugar-free recipe (d) personalised with names
  34. 34.🏪 What is a competitor? (a) your teammate (b) a customer (c) a supplier (d) a rival seller
  35. 35.🔍 Which is the odd one out? (a) friendlier service (b) a new flavour (c) a fair, lower price (d) grabbing their spot
  36. 36.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) not a USP (b) a clear USP
  37. 37.🔍 Which is the odd one out? (a) a new flavour each week (b) we have a table (c) it is a product (d) same as every stall
  38. 38.Which of these is a clear unique selling point? (a) delivered to your door (b) it has a price (c) it is a product (d) same as every stall
  39. 39.Which of these is a clear unique selling point? (a) personalised with names (b) we have a table (c) we sell things (d) we are open
  40. 40.📊 A rival sells chai at ₹10. Why should you know this? (a) to close them down (b) to set a fair price (c) to copy their sign (d) to complain

Answer key

  1. posting fake reviews
  2. a fair, lower price
  3. copying a rival’s logo
  4. False
  5. False
  6. a clear USP
  7. ready in five minutes
  8. personalised with names
  9. True
  10. same as every stall
  11. not a USP
  12. not a USP
  13. faster service
  14. a sugar-free recipe
  15. a unique selling point
  16. a clear USP
  17. True
  18. a fair way to compete
  19. it has a price
  20. posting fake reviews
  21. a new flavour each week
  22. a cleaner stall
  23. grabbing their spot
  24. True
  25. breaking their sign
  26. a clear USP
  27. a clear USP
  28. a new flavour
  29. breaking their sign
  30. lying about a rival
  31. it is a product
  32. a cleaner stall
  33. we sell things
  34. a rival seller
  35. grabbing their spot
  36. not a USP
  37. a new flavour each week
  38. delivered to your door
  39. personalised with names
  40. to set a fair price

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