Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 535 · 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 fair way to compete? (a) breaking their sign (b) a fair, lower price (c) lying about a rival (d) spreading rumours
2. 2.🔍 Which is the odd one out? (a) better quality (b) a cleaner stall (c) posting fake reviews (d) a new flavour
3. 3.🔍 Which is the odd one out? (a) a new flavour each week (b) delivered to your door (c) we sell things (d) ready in five minutes
4. 4.🔍 Which is the odd one out? (a) ready in five minutes (b) free name tags (c) it is a product (d) a new flavour each week
5. 5.True or false: “it has a price” is a clear unique selling point. (a) True (b) False
6. 6.🏪 Fair or unfair way to compete: posting fake reviews? (a) an unfair way (b) a fair way to compete
7. 7.Which of these is a clear unique selling point? (a) ready in five minutes (b) it has a price (c) we are open (d) it is a product
8. 8.🏪 Fair or unfair way to compete: spreading rumours? (a) a fair way to compete (b) an unfair way
9. 9.True or false: “made from waste paper” is not a unique selling point. (a) True (b) False
10. 10.📊 A rival sells chai at ₹10. Why should you know this? (a) to copy their sign (b) to close them down (c) to set a fair price (d) to complain
11. 11.🏪 What is a competitor? (a) your teammate (b) a supplier (c) a customer (d) a rival seller
12. 12.⭐ Is this a clear unique selling point (USP): “same as every stall”? (a) not a USP (b) a clear USP
13. 13.Which of these is not a unique selling point? (a) a sugar-free recipe (b) made from waste paper (c) we sell things (d) delivered to your door
14. 14.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) a clear USP (b) not a USP
15. 15.Which of these is not a unique selling point? (a) delivered to your door (b) free name tags (c) a sugar-free recipe (d) same as every stall
16. 16.Which of these is not a unique selling point? (a) a new flavour each week (b) delivered to your door (c) free name tags (d) it is a product
17. 17.⭐ Two stalls sell lemonade. What helps you stand out? (a) a higher price only (b) a unique selling point (c) a rude sign (d) a louder voice
18. 18.🔍 Which is the odd one out? (a) we have a table (b) ready in five minutes (c) made from waste paper (d) delivered to your door
19. 19.True or false: “ready in five minutes” is a clear unique selling point. (a) True (b) False
20. 20.Which of these is a fair way to compete? (a) posting fake reviews (b) better quality (c) spreading rumours (d) lying about a rival
21. 21.True or false: “it is a product” is a clear unique selling point. (a) True (b) False
22. 22.⭐ Is this a clear unique selling point (USP): “we are open”? (a) a clear USP (b) not a USP
23. 23.🛍️ Why is competition good for customers? (a) they get better choices (b) prices always rise (c) it is not good (d) shops get rude
24. 24.Which of these is an unfair way to compete? (a) posting fake reviews (b) a fair, lower price (c) friendlier service (d) better quality
25. 25.🔍 Which is the odd one out? (a) we sell things (b) we have a table (c) it is a product (d) a new flavour each week
26. 26.🔍 Which is the odd one out? (a) a new flavour each week (b) personalised with names (c) a sugar-free recipe (d) same as every stall
27. 27.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) a clear USP (b) not a USP
28. 28.Which of these is a clear unique selling point? (a) same as every stall (b) we sell things (c) made from waste paper (d) we are open
29. 29.Which of these is a clear unique selling point? (a) same as every stall (b) it is a product (c) we have a table (d) a new flavour each week
30. 30.True or false: “same as every stall” is a clear unique selling point. (a) True (b) False
31. 31.Which of these is an unfair way to compete? (a) a cleaner stall (b) a fair, lower price (c) better quality (d) copying a rival’s logo
32. 32.🔍 Which is the odd one out? (a) a cleaner stall (b) spreading rumours (c) grabbing their spot (d) copying a rival’s logo
33. 33.🏪 Fair or unfair way to compete: friendlier service? (a) an unfair way (b) a fair way to compete
34. 34.🔍 Which is the odd one out? (a) a new flavour (b) faster service (c) grabbing their spot (d) friendlier service
35. 35.🔍 Which is the odd one out? (a) we have a table (b) it is a product (c) made from waste paper (d) it has a price
36. 36.🔍 Which is the odd one out? (a) a cleaner stall (b) lying about a rival (c) a new flavour (d) friendlier service
37. 37.🏪 Fair or unfair way to compete: copying a rival’s logo? (a) an unfair way (b) a fair way to compete
38. 38.🔍 Which is the odd one out? (a) friendlier service (b) spreading rumours (c) a cleaner stall (d) a new flavour
39. 39.Which of these is an unfair way to compete? (a) faster service (b) a new flavour (c) lying about a rival (d) friendlier service
40. 40.🏪 Fair or unfair way to compete: a cleaner stall? (a) an unfair way (b) a fair way to compete

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