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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 946 · 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) they get better choices (b) it is not good (c) shops get rude (d) prices always rise
  2. 2.🏪 What is a competitor? (a) your teammate (b) a customer (c) a supplier (d) a rival seller
  3. 3.🧪 How can you find a USP? (a) ask what buyers miss (b) copy the rival exactly (c) pick a random word (d) skip it
  4. 4.🔍 Which is the odd one out? (a) faster service (b) posting fake reviews (c) grabbing their spot (d) breaking their sign
  5. 5.Which of these is not a unique selling point? (a) made from waste paper (b) ready in five minutes (c) it is a product (d) delivered to your door
  6. 6.🔍 Which is the odd one out? (a) breaking their sign (b) spreading rumours (c) copying a rival’s logo (d) a cleaner stall
  7. 7.Which of these is not a unique selling point? (a) ready in five minutes (b) personalised with names (c) free name tags (d) it has a price
  8. 8.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) a clear USP (b) not a USP
  9. 9.Which of these is a fair way to compete? (a) grabbing their spot (b) posting fake reviews (c) lying about a rival (d) faster service
  10. 10.📊 A rival sells chai at ₹10. Why should you know this? (a) to copy their sign (b) to complain (c) to set a fair price (d) to close them down
  11. 11.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) a clear USP (b) not a USP
  12. 12.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) a clear USP (b) not a USP
  13. 13.🏪 Fair or unfair way to compete: faster service? (a) an unfair way (b) a fair way to compete
  14. 14.🔍 Which is the odd one out? (a) better quality (b) a cleaner stall (c) lying about a rival (d) a new flavour
  15. 15.🔍 Which is the odd one out? (a) copying a rival’s logo (b) lying about a rival (c) spreading rumours (d) a new flavour
  16. 16.Which of these is a clear unique selling point? (a) we have a table (b) ready in five minutes (c) we are open (d) it is a product
  17. 17.True or false: “we have a table” is a clear unique selling point. (a) False (b) True
  18. 18.🏪 Fair or unfair way to compete: grabbing their spot? (a) a fair way to compete (b) an unfair way
  19. 19.🔍 Which is the odd one out? (a) delivered to your door (b) a sugar-free recipe (c) we have a table (d) a new flavour each week
  20. 20.Which of these is an unfair way to compete? (a) posting fake reviews (b) a cleaner stall (c) a fair, lower price (d) faster service
  21. 21.🔍 Which is the odd one out? (a) a new flavour each week (b) personalised with names (c) it is a product (d) a sugar-free recipe
  22. 22.🔍 Which is the odd one out? (a) friendlier service (b) a fair, lower price (c) better quality (d) posting fake reviews
  23. 23.True or false: “a new flavour each week” is not a unique selling point. (a) True (b) False
  24. 24.🏪 Fair or unfair way to compete: a fair, lower price? (a) a fair way to compete (b) an unfair way
  25. 25.True or false: “a new flavour each week” is a clear unique selling point. (a) False (b) True
  26. 26.Which of these is not a unique selling point? (a) a new flavour each week (b) ready in five minutes (c) same as every stall (d) made from waste paper
  27. 27.⭐ Is this a clear unique selling point (USP): “made from waste paper”? (a) a clear USP (b) not a USP
  28. 28.🔍 Which is the odd one out? (a) we are open (b) it is a product (c) ready in five minutes (d) we have a table
  29. 29.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) not a USP (b) a clear USP
  30. 30.Which of these is a clear unique selling point? (a) personalised with names (b) we sell things (c) we are open (d) it is a product
  31. 31.Which of these is not a unique selling point? (a) delivered to your door (b) a sugar-free recipe (c) personalised with names (d) we sell things
  32. 32.Which of these is an unfair way to compete? (a) friendlier service (b) better quality (c) spreading rumours (d) faster service
  33. 33.Which of these is not a unique selling point? (a) ready in five minutes (b) we have a table (c) made from waste paper (d) a sugar-free recipe
  34. 34.Which of these is a clear unique selling point? (a) it is a product (b) we are open (c) a new flavour each week (d) we sell things
  35. 35.Which of these is an unfair way to compete? (a) faster service (b) better quality (c) lying about a rival (d) a cleaner stall
  36. 36.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) a clear USP (b) not a USP
  37. 37.🔍 Which is the odd one out? (a) it is a product (b) we sell things (c) we are open (d) delivered to your door
  38. 38.True or false: “personalised with names” is a clear unique selling point. (a) False (b) True
  39. 39.🏪 Fair or unfair way to compete: lying about a rival? (a) an unfair way (b) a fair way to compete
  40. 40.True or false: “ready in five minutes” is not a unique selling point. (a) True (b) False

Answer key

  1. they get better choices
  2. a rival seller
  3. ask what buyers miss
  4. faster service
  5. it is a product
  6. a cleaner stall
  7. it has a price
  8. a clear USP
  9. faster service
  10. to set a fair price
  11. not a USP
  12. a clear USP
  13. a fair way to compete
  14. lying about a rival
  15. a new flavour
  16. ready in five minutes
  17. False
  18. an unfair way
  19. we have a table
  20. posting fake reviews
  21. it is a product
  22. posting fake reviews
  23. False
  24. a fair way to compete
  25. True
  26. same as every stall
  27. a clear USP
  28. ready in five minutes
  29. a clear USP
  30. personalised with names
  31. we sell things
  32. spreading rumours
  33. we have a table
  34. a new flavour each week
  35. lying about a rival
  36. not a USP
  37. delivered to your door
  38. True
  39. an unfair way
  40. False

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