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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 483 · 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.⭐ Is this a clear unique selling point (USP): “a new flavour each week”? (a) not a USP (b) a clear USP
  3. 3.Which of these is a fair way to compete? (a) breaking their sign (b) spreading rumours (c) better quality (d) copying a rival’s logo
  4. 4.⭐ 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
  5. 5.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  6. 6.Which of these is a fair way to compete? (a) grabbing their spot (b) copying a rival’s logo (c) breaking their sign (d) friendlier service
  7. 7.🔍 Which is the odd one out? (a) faster service (b) breaking their sign (c) grabbing their spot (d) posting fake reviews
  8. 8.🔍 Which is the odd one out? (a) same as every stall (b) it is a product (c) we sell things (d) made from waste paper
  9. 9.Which of these is not a unique selling point? (a) same as every stall (b) a new flavour each week (c) delivered to your door (d) free name tags
  10. 10.🏪 Fair or unfair way to compete: better quality? (a) an unfair way (b) a fair way to compete
  11. 11.🏪 Fair or unfair way to compete: copying a rival’s logo? (a) a fair way to compete (b) an unfair way
  12. 12.Which of these is a clear unique selling point? (a) we sell things (b) same as every stall (c) we have a table (d) a sugar-free recipe
  13. 13.Which of these is a fair way to compete? (a) lying about a rival (b) spreading rumours (c) a cleaner stall (d) posting fake reviews
  14. 14.⭐ Is this a clear unique selling point (USP): “same as every stall”? (a) not a USP (b) a clear USP
  15. 15.True or false: “delivered to your door” is a clear unique selling point. (a) False (b) True
  16. 16.🏪 Fair or unfair way to compete: grabbing their spot? (a) a fair way to compete (b) an unfair way
  17. 17.True or false: “we are open” is a clear unique selling point. (a) True (b) False
  18. 18.🔍 Which is the odd one out? (a) it is a product (b) we have a table (c) we are open (d) a new flavour each week
  19. 19.🔍 Which is the odd one out? (a) same as every stall (b) we are open (c) we have a table (d) personalised with names
  20. 20.Which of these is not a unique selling point? (a) it has a price (b) free name tags (c) a sugar-free recipe (d) delivered to your door
  21. 21.🏪 Fair or unfair way to compete: friendlier service? (a) an unfair way (b) a fair way to compete
  22. 22.🏪 What is a competitor? (a) a supplier (b) a customer (c) your teammate (d) a rival seller
  23. 23.🔍 Which is the odd one out? (a) a fair, lower price (b) friendlier service (c) breaking their sign (d) a cleaner stall
  24. 24.🔍 Which is the odd one out? (a) a sugar-free recipe (b) we are open (c) we have a table (d) we sell things
  25. 25.🏪 Fair or unfair way to compete: spreading rumours? (a) an unfair way (b) a fair way to compete
  26. 26.True or false: “ready in five minutes” is not a unique selling point. (a) False (b) True
  27. 27.True or false: “a sugar-free recipe” is not a unique selling point. (a) False (b) True
  28. 28.Which of these is a clear unique selling point? (a) a new flavour each week (b) we have a table (c) it has a price (d) same as every stall
  29. 29.Which of these is a fair way to compete? (a) posting fake reviews (b) copying a rival’s logo (c) lying about a rival (d) a new flavour
  30. 30.📊 A rival sells chai at ₹10. Why should you know this? (a) to close them down (b) to complain (c) to set a fair price (d) to copy their sign
  31. 31.True or false: “made from waste paper” is not a unique selling point. (a) False (b) True
  32. 32.⭐ Is this a clear unique selling point (USP): “made from waste paper”? (a) not a USP (b) a clear USP
  33. 33.Which of these is an unfair way to compete? (a) a new flavour (b) better quality (c) breaking their sign (d) a cleaner stall
  34. 34.Which of these is an unfair way to compete? (a) copying a rival’s logo (b) a cleaner stall (c) friendlier service (d) better quality
  35. 35.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) a clear USP (b) not a USP
  36. 36.🔍 Which is the odd one out? (a) a fair, lower price (b) better quality (c) faster service (d) lying about a rival
  37. 37.True or false: “it is a product” is a clear unique selling point. (a) False (b) True
  38. 38.🔍 Which is the odd one out? (a) a new flavour (b) friendlier service (c) better quality (d) copying a rival’s logo
  39. 39.Which of these is an unfair way to compete? (a) spreading rumours (b) friendlier service (c) a fair, lower price (d) better quality
  40. 40.Which of these is not a unique selling point? (a) free name tags (b) we sell things (c) delivered to your door (d) a new flavour each week

Answer key

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

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