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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 422 · 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.True or false: “personalised with names” is a clear unique selling point. (a) True (b) False
  2. 2.🛍️ Why is competition good for customers? (a) shops get rude (b) it is not good (c) they get better choices (d) prices always rise
  3. 3.🏪 What is a competitor? (a) a customer (b) a rival seller (c) your teammate (d) a supplier
  4. 4.True or false: “delivered to your door” is a clear unique selling point. (a) False (b) True
  5. 5.Which of these is an unfair way to compete? (a) faster service (b) friendlier service (c) a cleaner stall (d) lying about a rival
  6. 6.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) not a USP (b) a clear USP
  7. 7.🏪 Fair or unfair way to compete: a fair, lower price? (a) an unfair way (b) a fair way to compete
  8. 8.True or false: “personalised with names” is not a unique selling point. (a) True (b) False
  9. 9.🔍 Which is the odd one out? (a) we sell things (b) we are open (c) we have a table (d) personalised with names
  10. 10.True or false: “we are open” is a clear unique selling point. (a) True (b) False
  11. 11.Which of these is a clear unique selling point? (a) we sell things (b) it has a price (c) a new flavour each week (d) it is a product
  12. 12.True or false: “it is a product” is not a unique selling point. (a) True (b) False
  13. 13.⭐ Is this a clear unique selling point (USP): “same as every stall”? (a) a clear USP (b) not a USP
  14. 14.True or false: “same as every stall” is a clear unique selling point. (a) True (b) False
  15. 15.⭐ 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
  16. 16.📊 A rival sells chai at ₹10. Why should you know this? (a) to close them down (b) to set a fair price (c) to complain (d) to copy their sign
  17. 17.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) not a USP (b) a clear USP
  18. 18.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) a clear USP (b) not a USP
  19. 19.Which of these is not a unique selling point? (a) personalised with names (b) a new flavour each week (c) made from waste paper (d) same as every stall
  20. 20.True or false: “ready in five minutes” is not a unique selling point. (a) False (b) True
  21. 21.🔍 Which is the odd one out? (a) lying about a rival (b) spreading rumours (c) better quality (d) breaking their sign
  22. 22.True or false: “we have a table” is not a unique selling point. (a) True (b) False
  23. 23.🔍 Which is the odd one out? (a) delivered to your door (b) free name tags (c) a new flavour each week (d) we sell things
  24. 24.🔍 Which is the odd one out? (a) a cleaner stall (b) a fair, lower price (c) posting fake reviews (d) friendlier service
  25. 25.Which of these is an unfair way to compete? (a) a new flavour (b) a fair, lower price (c) a cleaner stall (d) grabbing their spot
  26. 26.🔍 Which is the odd one out? (a) a cleaner stall (b) friendlier service (c) a fair, lower price (d) lying about a rival
  27. 27.Which of these is not a unique selling point? (a) made from waste paper (b) free name tags (c) delivered to your door (d) it has a price
  28. 28.🔍 Which is the odd one out? (a) we are open (b) a sugar-free recipe (c) free name tags (d) a new flavour each week
  29. 29.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) a clear USP (b) not a USP
  30. 30.🔍 Which is the odd one out? (a) posting fake reviews (b) spreading rumours (c) a cleaner stall (d) copying a rival’s logo
  31. 31.🔍 Which is the odd one out? (a) copying a rival’s logo (b) lying about a rival (c) grabbing their spot (d) faster service
  32. 32.Which of these is a fair way to compete? (a) copying a rival’s logo (b) lying about a rival (c) friendlier service (d) spreading rumours
  33. 33.🔍 Which is the odd one out? (a) ready in five minutes (b) we have a table (c) personalised with names (d) free name tags
  34. 34.🔍 Which is the odd one out? (a) a cleaner stall (b) faster service (c) breaking their sign (d) better quality
  35. 35.🏪 Fair or unfair way to compete: friendlier service? (a) an unfair way (b) a fair way to compete
  36. 36.🔍 Which is the odd one out? (a) we are open (b) same as every stall (c) ready in five minutes (d) we sell things
  37. 37.⭐ Is this a clear unique selling point (USP): “we are open”? (a) not a USP (b) a clear USP
  38. 38.🔍 Which is the odd one out? (a) we have a table (b) free name tags (c) it is a product (d) we sell things
  39. 39.Which of these is a clear unique selling point? (a) it has a price (b) it is a product (c) we have a table (d) made from waste paper
  40. 40.🏪 Fair or unfair way to compete: breaking their sign? (a) an unfair way (b) a fair way to compete

Answer key

  1. True
  2. they get better choices
  3. a rival seller
  4. True
  5. lying about a rival
  6. a clear USP
  7. a fair way to compete
  8. False
  9. personalised with names
  10. False
  11. a new flavour each week
  12. True
  13. not a USP
  14. False
  15. a unique selling point
  16. to set a fair price
  17. not a USP
  18. a clear USP
  19. same as every stall
  20. False
  21. better quality
  22. True
  23. we sell things
  24. posting fake reviews
  25. grabbing their spot
  26. lying about a rival
  27. it has a price
  28. we are open
  29. not a USP
  30. a cleaner stall
  31. faster service
  32. friendlier service
  33. we have a table
  34. breaking their sign
  35. a fair way to compete
  36. ready in five minutes
  37. not a USP
  38. free name tags
  39. made from waste paper
  40. an unfair way

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