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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 388 · 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.🛍️ Why is competition good for customers? (a) it is not good (b) shops get rude (c) prices always rise (d) they get better choices
  2. 2.Which of these is a fair way to compete? (a) friendlier service (b) lying about a rival (c) spreading rumours (d) grabbing their spot
  3. 3.Which of these is an unfair way to compete? (a) a cleaner stall (b) better quality (c) a fair, lower price (d) lying about a rival
  4. 4.🏪 Fair or unfair way to compete: copying a rival’s logo? (a) a fair way to compete (b) an unfair way
  5. 5.⭐ Is this a clear unique selling point (USP): “a new flavour each week”? (a) a clear USP (b) not a USP
  6. 6.Which of these is not a unique selling point? (a) we have a table (b) free name tags (c) a sugar-free recipe (d) ready in five minutes
  7. 7.Which of these is not a unique selling point? (a) delivered to your door (b) personalised with names (c) ready in five minutes (d) same as every stall
  8. 8.Which of these is an unfair way to compete? (a) a cleaner stall (b) grabbing their spot (c) a new flavour (d) faster service
  9. 9.Which of these is not a unique selling point? (a) personalised with names (b) we sell things (c) ready in five minutes (d) free name tags
  10. 10.🏪 Fair or unfair way to compete: friendlier service? (a) an unfair way (b) a fair way to compete
  11. 11.🔍 Which is the odd one out? (a) better quality (b) lying about a rival (c) copying a rival’s logo (d) posting fake reviews
  12. 12.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) a clear USP (b) not a USP
  13. 13.🔍 Which is the odd one out? (a) faster service (b) posting fake reviews (c) grabbing their spot (d) copying a rival’s logo
  14. 14.Which of these is an unfair way to compete? (a) faster service (b) copying a rival’s logo (c) a new flavour (d) a fair, lower price
  15. 15.🏪 Fair or unfair way to compete: breaking their sign? (a) an unfair way (b) a fair way to compete
  16. 16.Which of these is a clear unique selling point? (a) same as every stall (b) delivered to your door (c) we have a table (d) we sell things
  17. 17.🔍 Which is the odd one out? (a) a cleaner stall (b) lying about a rival (c) copying a rival’s logo (d) breaking their sign
  18. 18.Which of these is an unfair way to compete? (a) a cleaner stall (b) a new flavour (c) breaking their sign (d) better quality
  19. 19.🔍 Which is the odd one out? (a) it is a product (b) it has a price (c) we have a table (d) free name tags
  20. 20.🔍 Which is the odd one out? (a) faster service (b) a cleaner stall (c) a new flavour (d) spreading rumours
  21. 21.🔍 Which is the odd one out? (a) same as every stall (b) we have a table (c) we are open (d) a new flavour each week
  22. 22.🔍 Which is the odd one out? (a) breaking their sign (b) grabbing their spot (c) lying about a rival (d) a fair, lower price
  23. 23.⭐ 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
  24. 24.True or false: “we are open” is not a unique selling point. (a) True (b) False
  25. 25.Which of these is not a unique selling point? (a) made from waste paper (b) a sugar-free recipe (c) a new flavour each week (d) it is a product
  26. 26.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) not a USP (b) a clear USP
  27. 27.🔍 Which is the odd one out? (a) a sugar-free recipe (b) ready in five minutes (c) a new flavour each week (d) we have a table
  28. 28.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) not a USP (b) a clear USP
  29. 29.True or false: “free name tags” is not a unique selling point. (a) True (b) False
  30. 30.🔍 Which is the odd one out? (a) it is a product (b) we have a table (c) we sell things (d) a sugar-free recipe
  31. 31.True or false: “ready in five minutes” is not a unique selling point. (a) False (b) True
  32. 32.True or false: “we are open” is a clear unique selling point. (a) True (b) False
  33. 33.📊 A rival sells chai at ₹10. Why should you know this? (a) to complain (b) to close them down (c) to set a fair price (d) to copy their sign
  34. 34.True or false: “it has a price” is a clear unique selling point. (a) True (b) False
  35. 35.True or false: “free name tags” is a clear unique selling point. (a) True (b) False
  36. 36.🏪 Fair or unfair way to compete: spreading rumours? (a) an unfair way (b) a fair way to compete
  37. 37.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) a clear USP (b) not a USP
  38. 38.🔍 Which is the odd one out? (a) friendlier service (b) a new flavour (c) copying a rival’s logo (d) better quality
  39. 39.🔍 Which is the odd one out? (a) free name tags (b) a sugar-free recipe (c) we sell things (d) made from waste paper
  40. 40.🔍 Which is the odd one out? (a) free name tags (b) it is a product (c) a new flavour each week (d) a sugar-free recipe

Answer key

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

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