← USP and competition lesson New set →

Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 406 · 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.Which of these is an unfair way to compete? (a) a new flavour (b) breaking their sign (c) better quality (d) a cleaner stall
  2. 2.True or false: “we are open” is a clear unique selling point. (a) False (b) True
  3. 3.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) not a USP (b) a clear USP
  4. 4.Which of these is an unfair way to compete? (a) a new flavour (b) better quality (c) a fair, lower price (d) posting fake reviews
  5. 5.🏪 Fair or unfair way to compete: better quality? (a) an unfair way (b) a fair way to compete
  6. 6.Which of these is a fair way to compete? (a) posting fake reviews (b) lying about a rival (c) copying a rival’s logo (d) better quality
  7. 7.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) a clear USP (b) not a USP
  8. 8.⭐ 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
  9. 9.Which of these is a fair way to compete? (a) copying a rival’s logo (b) spreading rumours (c) a fair, lower price (d) breaking their sign
  10. 10.Which of these is a clear unique selling point? (a) a new flavour each week (b) same as every stall (c) we are open (d) it has a price
  11. 11.Which of these is a clear unique selling point? (a) it has a price (b) free name tags (c) we sell things (d) we are open
  12. 12.🔍 Which is the odd one out? (a) a cleaner stall (b) friendlier service (c) faster service (d) lying about a rival
  13. 13.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) not a USP (b) a clear USP
  14. 14.Which of these is a fair way to compete? (a) friendlier service (b) posting fake reviews (c) copying a rival’s logo (d) grabbing their spot
  15. 15.🏪 Fair or unfair way to compete: faster service? (a) an unfair way (b) a fair way to compete
  16. 16.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  17. 17.🔍 Which is the odd one out? (a) a sugar-free recipe (b) made from waste paper (c) a new flavour each week (d) we have a table
  18. 18.🔍 Which is the odd one out? (a) we sell things (b) delivered to your door (c) made from waste paper (d) personalised with names
  19. 19.🔍 Which is the odd one out? (a) same as every stall (b) a sugar-free recipe (c) we have a table (d) it is a product
  20. 20.🔍 Which is the odd one out? (a) a new flavour (b) friendlier service (c) breaking their sign (d) faster service
  21. 21.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) not a USP (b) a clear USP
  22. 22.🔍 Which is the odd one out? (a) friendlier service (b) spreading rumours (c) a new flavour (d) a fair, lower price
  23. 23.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) not a USP (b) a clear USP
  24. 24.🧪 How can you find a USP? (a) pick a random word (b) copy the rival exactly (c) ask what buyers miss (d) skip it
  25. 25.🔍 Which is the odd one out? (a) a cleaner stall (b) a fair, lower price (c) better quality (d) copying a rival’s logo
  26. 26.🔍 Which is the odd one out? (a) same as every stall (b) we sell things (c) we are open (d) made from waste paper
  27. 27.Which of these is a clear unique selling point? (a) we are open (b) it has a price (c) delivered to your door (d) we sell things
  28. 28.Which of these is not a unique selling point? (a) a new flavour each week (b) a sugar-free recipe (c) delivered to your door (d) it is a product
  29. 29.🔍 Which is the odd one out? (a) a fair, lower price (b) a new flavour (c) friendlier service (d) grabbing their spot
  30. 30.🏪 Fair or unfair way to compete: lying about a rival? (a) an unfair way (b) a fair way to compete
  31. 31.🏪 Fair or unfair way to compete: breaking their sign? (a) a fair way to compete (b) an unfair way
  32. 32.🛍️ Why is competition good for customers? (a) they get better choices (b) prices always rise (c) shops get rude (d) it is not good
  33. 33.🔍 Which is the odd one out? (a) spreading rumours (b) copying a rival’s logo (c) lying about a rival (d) a cleaner stall
  34. 34.Which of these is an unfair way to compete? (a) a fair, lower price (b) a cleaner stall (c) lying about a rival (d) faster service
  35. 35.Which of these is not a unique selling point? (a) ready in five minutes (b) same as every stall (c) free name tags (d) delivered to your door
  36. 36.Which of these is not a unique selling point? (a) free name tags (b) ready in five minutes (c) a new flavour each week (d) we have a table
  37. 37.🔍 Which is the odd one out? (a) posting fake reviews (b) copying a rival’s logo (c) grabbing their spot (d) a fair, lower price
  38. 38.📊 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
  39. 39.🔍 Which is the odd one out? (a) a cleaner stall (b) posting fake reviews (c) friendlier service (d) better quality
  40. 40.⭐ Is this a clear unique selling point (USP): “we are open”? (a) a clear USP (b) not a USP

Answer key

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

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