Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 872 · 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 is the odd one out? (a) ready in five minutes (b) it has a price (c) it is a product (d) we sell things
2. 2.Which of these is a clear unique selling point? (a) same as every stall (b) it is a product (c) we sell things (d) made from waste paper
3. 3.🏪 What is a competitor? (a) a rival seller (b) a supplier (c) your teammate (d) a customer
4. 4.🔍 Which is the odd one out? (a) same as every stall (b) we have a table (c) it is a product (d) made from waste paper
5. 5.🛍️ Why is competition good for customers? (a) prices always rise (b) they get better choices (c) it is not good (d) shops get rude
6. 6.🏪 Fair or unfair way to compete: better quality? (a) a fair way to compete (b) an unfair way
7. 7.Which of these is an unfair way to compete? (a) spreading rumours (b) faster service (c) a new flavour (d) a fair, lower price
8. 8.Which of these is a clear unique selling point? (a) we sell things (b) it has a price (c) free name tags (d) it is a product
9. 9.Which of these is not a unique selling point? (a) a sugar-free recipe (b) ready in five minutes (c) free name tags (d) it has a price
10. 10.Which of these is an unfair way to compete? (a) a fair, lower price (b) a new flavour (c) lying about a rival (d) friendlier service
11. 11.📊 A rival sells chai at ₹10. Why should you know this? (a) to close them down (b) to copy their sign (c) to complain (d) to set a fair price
12. 12.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) not a USP (b) a clear USP
13. 13.Which of these is a fair way to compete? (a) lying about a rival (b) friendlier service (c) breaking their sign (d) posting fake reviews
14. 14.🔍 Which is the odd one out? (a) a new flavour each week (b) same as every stall (c) we are open (d) it has a price
15. 15.True or false: “made from waste paper” is a clear unique selling point. (a) False (b) True
16. 16.True or false: “a sugar-free recipe” is not a unique selling point. (a) True (b) False
17. 17.⭐ Two stalls sell lemonade. What helps you stand out? (a) a louder voice (b) a rude sign (c) a higher price only (d) a unique selling point
18. 18.🏪 Fair or unfair way to compete: breaking their sign? (a) a fair way to compete (b) an unfair way
19. 19.🔍 Which is the odd one out? (a) we are open (b) delivered to your door (c) a sugar-free recipe (d) made from waste paper
20. 20.🏪 Fair or unfair way to compete: faster service? (a) a fair way to compete (b) an unfair way
21. 21.Which of these is a fair way to compete? (a) posting fake reviews (b) lying about a rival (c) copying a rival’s logo (d) a cleaner stall
22. 22.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) a clear USP (b) not a USP
23. 23.Which of these is a clear unique selling point? (a) same as every stall (b) a sugar-free recipe (c) we are open (d) we sell things
24. 24.🔍 Which is the odd one out? (a) grabbing their spot (b) a new flavour (c) lying about a rival (d) breaking their sign
25. 25.⭐ Is this a clear unique selling point (USP): “a new flavour each week”? (a) not a USP (b) a clear USP
26. 26.🔍 Which is the odd one out? (a) friendlier service (b) a fair, lower price (c) copying a rival’s logo (d) better quality
27. 27.🔍 Which is the odd one out? (a) a cleaner stall (b) copying a rival’s logo (c) posting fake reviews (d) grabbing their spot
28. 28.True or false: “delivered to your door” is a clear unique selling point. (a) True (b) False
29. 29.Which of these is an unfair way to compete? (a) better quality (b) faster service (c) grabbing their spot (d) a fair, lower price
30. 30.🔍 Which is the odd one out? (a) free name tags (b) made from waste paper (c) delivered to your door (d) same as every stall
31. 31.Which of these is a clear unique selling point? (a) we are open (b) a new flavour each week (c) it has a price (d) it is a product
32. 32.True or false: “free name tags” is not a unique selling point. (a) True (b) False
33. 33.Which of these is a fair way to compete? (a) spreading rumours (b) a new flavour (c) lying about a rival (d) posting fake reviews
34. 34.Which of these is a clear unique selling point? (a) we are open (b) delivered to your door (c) we have a table (d) it has a price
35. 35.🔍 Which is the odd one out? (a) lying about a rival (b) grabbing their spot (c) copying a rival’s logo (d) a fair, lower price
36. 36.Which of these is not a unique selling point? (a) it is a product (b) a new flavour each week (c) personalised with names (d) delivered to your door
37. 37.⭐ Is this a clear unique selling point (USP): “same as every stall”? (a) not a USP (b) a clear USP
38. 38.🏪 Fair or unfair way to compete: friendlier service? (a) a fair way to compete (b) an unfair way
39. 39.Which of these is not a unique selling point? (a) ready in five minutes (b) a sugar-free recipe (c) made from waste paper (d) we sell things
40. 40.🔍 Which is the odd one out? (a) better quality (b) friendlier service (c) lying about a rival (d) a new flavour

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