Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 460 · 40 questions

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.

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

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