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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 717 · 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) prices always rise (c) shops get rude (d) they get better choices
  2. 2.Which of these is a fair way to compete? (a) copying a rival’s logo (b) lying about a rival (c) a fair, lower price (d) spreading rumours
  3. 3.🔍 Which is the odd one out? (a) it has a price (b) delivered to your door (c) same as every stall (d) we have a table
  4. 4.Which of these is a clear unique selling point? (a) a new flavour each week (b) it is a product (c) same as every stall (d) we sell things
  5. 5.🔍 Which is the odd one out? (a) posting fake reviews (b) spreading rumours (c) a fair, lower price (d) lying about a rival
  6. 6.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  7. 7.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) not a USP (b) a clear USP
  8. 8.🔍 Which is the odd one out? (a) better quality (b) grabbing their spot (c) faster service (d) friendlier service
  9. 9.🏪 Fair or unfair way to compete: a new flavour? (a) a fair way to compete (b) an unfair way
  10. 10.⭐ Is this a clear unique selling point (USP): “we are open”? (a) not a USP (b) a clear USP
  11. 11.Which of these is a fair way to compete? (a) posting fake reviews (b) better quality (c) lying about a rival (d) copying a rival’s logo
  12. 12.🏪 What is a competitor? (a) a supplier (b) a rival seller (c) your teammate (d) a customer
  13. 13.🔍 Which is the odd one out? (a) we are open (b) it is a product (c) made from waste paper (d) we sell things
  14. 14.True or false: “a new flavour each week” is not a unique selling point. (a) False (b) True
  15. 15.Which of these is a clear unique selling point? (a) it is a product (b) same as every stall (c) free name tags (d) we have a table
  16. 16.🔍 Which is the odd one out? (a) friendlier service (b) a fair, lower price (c) posting fake reviews (d) a new flavour
  17. 17.📊 A rival sells chai at ₹10. Why should you know this? (a) to set a fair price (b) to copy their sign (c) to close them down (d) to complain
  18. 18.🏪 Fair or unfair way to compete: grabbing their spot? (a) a fair way to compete (b) an unfair way
  19. 19.Which of these is an unfair way to compete? (a) better quality (b) posting fake reviews (c) a cleaner stall (d) faster service
  20. 20.🏪 Fair or unfair way to compete: copying a rival’s logo? (a) an unfair way (b) a fair way to compete
  21. 21.🔍 Which is the odd one out? (a) free name tags (b) a new flavour each week (c) same as every stall (d) delivered to your door
  22. 22.🔍 Which is the odd one out? (a) spreading rumours (b) faster service (c) better quality (d) a fair, lower price
  23. 23.🏪 Fair or unfair way to compete: better quality? (a) a fair way to compete (b) an unfair way
  24. 24.True or false: “it has a price” is not a unique selling point. (a) True (b) False
  25. 25.🔍 Which is the odd one out? (a) a cleaner stall (b) a fair, lower price (c) friendlier service (d) copying a rival’s logo
  26. 26.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) not a USP (b) a clear USP
  27. 27.True or false: “we have a table” is not a unique selling point. (a) False (b) True
  28. 28.🏪 Fair or unfair way to compete: a cleaner stall? (a) a fair way to compete (b) an unfair way
  29. 29.⭐ Is this a clear unique selling point (USP): “delivered to your door”? (a) not a USP (b) a clear USP
  30. 30.True or false: “ready in five minutes” is a clear unique selling point. (a) False (b) True
  31. 31.Which of these is a fair way to compete? (a) spreading rumours (b) copying a rival’s logo (c) faster service (d) lying about a rival
  32. 32.🔍 Which is the odd one out? (a) ready in five minutes (b) made from waste paper (c) personalised with names (d) it has a price
  33. 33.🔍 Which is the odd one out? (a) breaking their sign (b) friendlier service (c) grabbing their spot (d) lying about a rival
  34. 34.Which of these is not a unique selling point? (a) a sugar-free recipe (b) delivered to your door (c) ready in five minutes (d) it is a product
  35. 35.Which of these is an unfair way to compete? (a) friendlier service (b) better quality (c) faster service (d) copying a rival’s logo
  36. 36.Which of these is a fair way to compete? (a) breaking their sign (b) copying a rival’s logo (c) a new flavour (d) spreading rumours
  37. 37.True or false: “ready in five minutes” is not a unique selling point. (a) False (b) True
  38. 38.Which of these is an unfair way to compete? (a) friendlier service (b) a cleaner stall (c) breaking their sign (d) faster service
  39. 39.🔍 Which is the odd one out? (a) better quality (b) grabbing their spot (c) spreading rumours (d) posting fake reviews
  40. 40.True or false: “personalised with names” is not a unique selling point. (a) False (b) True

Answer key

  1. they get better choices
  2. a fair, lower price
  3. delivered to your door
  4. a new flavour each week
  5. a fair, lower price
  6. a clear USP
  7. not a USP
  8. grabbing their spot
  9. a fair way to compete
  10. not a USP
  11. better quality
  12. a rival seller
  13. made from waste paper
  14. False
  15. free name tags
  16. posting fake reviews
  17. to set a fair price
  18. an unfair way
  19. posting fake reviews
  20. an unfair way
  21. same as every stall
  22. spreading rumours
  23. a fair way to compete
  24. True
  25. copying a rival’s logo
  26. not a USP
  27. True
  28. a fair way to compete
  29. a clear USP
  30. True
  31. faster service
  32. it has a price
  33. friendlier service
  34. it is a product
  35. copying a rival’s logo
  36. a new flavour
  37. False
  38. breaking their sign
  39. better quality
  40. False

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