← USP and competition lesson New set →

Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 692 · 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.

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

Answer key

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

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