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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 47 · 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) they get better choices (d) prices always rise
  2. 2.🔍 Which is the odd one out? (a) it has a price (b) we sell things (c) it is a product (d) free name tags
  3. 3.🧪 How can you find a USP? (a) ask what buyers miss (b) pick a random word (c) skip it (d) copy the rival exactly
  4. 4.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) not a USP (b) a clear USP
  5. 5.🏪 Fair or unfair way to compete: grabbing their spot? (a) a fair way to compete (b) an unfair way
  6. 6.🔍 Which is the odd one out? (a) made from waste paper (b) it is a product (c) we are open (d) we sell things
  7. 7.⭐ Is this a clear unique selling point (USP): “made from waste paper”? (a) not a USP (b) a clear USP
  8. 8.Which of these is not a unique selling point? (a) free name tags (b) personalised with names (c) a sugar-free recipe (d) we sell things
  9. 9.🏪 Fair or unfair way to compete: posting fake reviews? (a) a fair way to compete (b) an unfair way
  10. 10.🔍 Which is the odd one out? (a) we are open (b) made from waste paper (c) ready in five minutes (d) free name tags
  11. 11.⭐ Is this a clear unique selling point (USP): “we are open”? (a) a clear USP (b) not a USP
  12. 12.True or false: “delivered to your door” is not a unique selling point. (a) False (b) True
  13. 13.📊 A rival sells chai at ₹10. Why should you know this? (a) to complain (b) to copy their sign (c) to close them down (d) to set a fair price
  14. 14.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) not a USP (b) a clear USP
  15. 15.🏪 Fair or unfair way to compete: a fair, lower price? (a) an unfair way (b) a fair way to compete
  16. 16.🔍 Which is the odd one out? (a) breaking their sign (b) friendlier service (c) better quality (d) a cleaner stall
  17. 17.🔍 Which is the odd one out? (a) ready in five minutes (b) same as every stall (c) it is a product (d) we are open
  18. 18.Which of these is not a unique selling point? (a) delivered to your door (b) personalised with names (c) made from waste paper (d) it has a price
  19. 19.True or false: “we sell things” is a clear unique selling point. (a) True (b) False
  20. 20.🏪 Fair or unfair way to compete: a new flavour? (a) a fair way to compete (b) an unfair way
  21. 21.🔍 Which is the odd one out? (a) grabbing their spot (b) posting fake reviews (c) spreading rumours (d) a cleaner stall
  22. 22.True or false: “it is a product” is a clear unique selling point. (a) True (b) False
  23. 23.🏪 Fair or unfair way to compete: a cleaner stall? (a) an unfair way (b) a fair way to compete
  24. 24.Which of these is not a unique selling point? (a) same as every stall (b) made from waste paper (c) ready in five minutes (d) a sugar-free recipe
  25. 25.⭐ Two stalls sell lemonade. What helps you stand out? (a) a higher price only (b) a louder voice (c) a unique selling point (d) a rude sign
  26. 26.🔍 Which is the odd one out? (a) lying about a rival (b) a new flavour (c) a fair, lower price (d) a cleaner stall
  27. 27.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) not a USP (b) a clear USP
  28. 28.🔍 Which is the odd one out? (a) breaking their sign (b) a fair, lower price (c) spreading rumours (d) lying about a rival
  29. 29.🏪 Fair or unfair way to compete: faster service? (a) a fair way to compete (b) an unfair way
  30. 30.🔍 Which is the odd one out? (a) it has a price (b) made from waste paper (c) personalised with names (d) delivered to your door
  31. 31.Which of these is an unfair way to compete? (a) breaking their sign (b) a cleaner stall (c) better quality (d) a fair, lower price
  32. 32.🏪 Fair or unfair way to compete: better quality? (a) an unfair way (b) a fair way to compete
  33. 33.Which of these is an unfair way to compete? (a) a new flavour (b) a fair, lower price (c) better quality (d) copying a rival’s logo
  34. 34.🔍 Which is the odd one out? (a) we sell things (b) delivered to your door (c) free name tags (d) ready in five minutes
  35. 35.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) a clear USP (b) not a USP
  36. 36.True or false: “it has a price” is not a unique selling point. (a) True (b) False
  37. 37.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) a clear USP (b) not a USP
  38. 38.True or false: “delivered to your door” is a clear unique selling point. (a) True (b) False
  39. 39.🔍 Which is the odd one out? (a) posting fake reviews (b) friendlier service (c) a fair, lower price (d) better quality
  40. 40.Which of these is a clear unique selling point? (a) we are open (b) free name tags (c) we sell things (d) it is a product

Answer key

  1. they get better choices
  2. free name tags
  3. ask what buyers miss
  4. a clear USP
  5. an unfair way
  6. made from waste paper
  7. a clear USP
  8. we sell things
  9. an unfair way
  10. we are open
  11. not a USP
  12. False
  13. to set a fair price
  14. not a USP
  15. a fair way to compete
  16. breaking their sign
  17. ready in five minutes
  18. it has a price
  19. False
  20. a fair way to compete
  21. a cleaner stall
  22. False
  23. a fair way to compete
  24. same as every stall
  25. a unique selling point
  26. lying about a rival
  27. not a USP
  28. a fair, lower price
  29. a fair way to compete
  30. it has a price
  31. breaking their sign
  32. a fair way to compete
  33. copying a rival’s logo
  34. we sell things
  35. a clear USP
  36. True
  37. a clear USP
  38. True
  39. posting fake reviews
  40. free name tags

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