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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 503 · 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) they get better choices (c) shops get rude (d) prices always rise
  2. 2.🔍 Which is the odd one out? (a) a cleaner stall (b) a new flavour (c) posting fake reviews (d) friendlier service
  3. 3.🧪 How can you find a USP? (a) copy the rival exactly (b) skip it (c) ask what buyers miss (d) pick a random word
  4. 4.🔍 Which is the odd one out? (a) ready in five minutes (b) it is a product (c) same as every stall (d) we have a table
  5. 5.Which of these is an unfair way to compete? (a) spreading rumours (b) a cleaner stall (c) a fair, lower price (d) better quality
  6. 6.🔍 Which is the odd one out? (a) faster service (b) better quality (c) a fair, lower price (d) breaking their sign
  7. 7.Which of these is an unfair way to compete? (a) lying about a rival (b) a fair, lower price (c) faster service (d) a new flavour
  8. 8.⭐ Is this a clear unique selling point (USP): “made from waste paper”? (a) not a USP (b) a clear USP
  9. 9.🔍 Which is the odd one out? (a) lying about a rival (b) a cleaner stall (c) grabbing their spot (d) copying a rival’s logo
  10. 10.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) not a USP (b) a clear USP
  11. 11.Which of these is not a unique selling point? (a) same as every stall (b) a sugar-free recipe (c) personalised with names (d) free name tags
  12. 12.Which of these is an unfair way to compete? (a) better quality (b) grabbing their spot (c) a fair, lower price (d) friendlier service
  13. 13.🔍 Which is the odd one out? (a) free name tags (b) same as every stall (c) a new flavour each week (d) made from waste paper
  14. 14.True or false: “personalised with names” is a clear unique selling point. (a) True (b) False
  15. 15.🔍 Which is the odd one out? (a) free name tags (b) we have a table (c) it is a product (d) we are open
  16. 16.📊 A rival sells chai at ₹10. Why should you know this? (a) to copy their sign (b) to close them down (c) to complain (d) to set a fair price
  17. 17.🏪 Fair or unfair way to compete: a fair, lower price? (a) an unfair way (b) a fair way to compete
  18. 18.Which of these is a fair way to compete? (a) a fair, lower price (b) spreading rumours (c) breaking their sign (d) lying about a rival
  19. 19.Which of these is not a unique selling point? (a) delivered to your door (b) personalised with names (c) made from waste paper (d) we have a table
  20. 20.🔍 Which is the odd one out? (a) friendlier service (b) better quality (c) a fair, lower price (d) copying a rival’s logo
  21. 21.⭐ Is this a clear unique selling point (USP): “we are open”? (a) not a USP (b) a clear USP
  22. 22.True or false: “we sell things” is a clear unique selling point. (a) True (b) False
  23. 23.Which of these is a clear unique selling point? (a) delivered to your door (b) we sell things (c) we have a table (d) it is a product
  24. 24.Which of these is not a unique selling point? (a) delivered to your door (b) it has a price (c) a new flavour each week (d) made from waste paper
  25. 25.⭐ Two stalls sell lemonade. What helps you stand out? (a) a unique selling point (b) a louder voice (c) a rude sign (d) a higher price only
  26. 26.🏪 What is a competitor? (a) your teammate (b) a rival seller (c) a supplier (d) a customer
  27. 27.Which of these is a fair way to compete? (a) posting fake reviews (b) breaking their sign (c) grabbing their spot (d) a new flavour
  28. 28.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) a clear USP (b) not a USP
  29. 29.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) a clear USP (b) not a USP
  30. 30.🔍 Which is the odd one out? (a) a sugar-free recipe (b) we are open (c) free name tags (d) a new flavour each week
  31. 31.True or false: “it has a price” is not a unique selling point. (a) False (b) True
  32. 32.True or false: “a sugar-free recipe” is a clear unique selling point. (a) True (b) False
  33. 33.🔍 Which is the odd one out? (a) a fair, lower price (b) posting fake reviews (c) lying about a rival (d) copying a rival’s logo
  34. 34.🏪 Fair or unfair way to compete: a cleaner stall? (a) a fair way to compete (b) an unfair way
  35. 35.True or false: “a new flavour each week” is a clear unique selling point. (a) True (b) False
  36. 36.🏪 Fair or unfair way to compete: posting fake reviews? (a) a fair way to compete (b) an unfair way
  37. 37.🏪 Fair or unfair way to compete: breaking their sign? (a) an unfair way (b) a fair way to compete
  38. 38.Which of these is a clear unique selling point? (a) it has a price (b) ready in five minutes (c) we have a table (d) same as every stall
  39. 39.Which of these is a clear unique selling point? (a) we sell things (b) we are open (c) a new flavour each week (d) we have a table
  40. 40.🏪 Fair or unfair way to compete: lying about a rival? (a) an unfair way (b) a fair way to compete

Answer key

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

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