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Entrepreneurship Worksheet: USP and Competition

Entrepreneurship lesson 7: USP and competition · Set 960 · 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.📊 A rival sells chai at ₹10. Why should you know this? (a) to copy their sign (b) to set a fair price (c) to complain (d) to close them down
  2. 2.Which of these is not a unique selling point? (a) it has a price (b) free name tags (c) delivered to your door (d) a sugar-free recipe
  3. 3.🏪 What is a competitor? (a) a supplier (b) your teammate (c) a rival seller (d) a customer
  4. 4.Which of these is a fair way to compete? (a) posting fake reviews (b) a new flavour (c) copying a rival’s logo (d) lying about a rival
  5. 5.🔍 Which is the odd one out? (a) copying a rival’s logo (b) a cleaner stall (c) friendlier service (d) a new flavour
  6. 6.⭐ Is this a clear unique selling point (USP): “a sugar-free recipe”? (a) a clear USP (b) not a USP
  7. 7.True or false: “a new flavour each week” is not a unique selling point. (a) True (b) False
  8. 8.🏪 Fair or unfair way to compete: lying about a rival? (a) an unfair way (b) a fair way to compete
  9. 9.🔍 Which is the odd one out? (a) better quality (b) a fair, lower price (c) faster service (d) spreading rumours
  10. 10.Which of these is a fair way to compete? (a) lying about a rival (b) posting fake reviews (c) friendlier service (d) grabbing their spot
  11. 11.🔍 Which is the odd one out? (a) a fair, lower price (b) posting fake reviews (c) faster service (d) a cleaner stall
  12. 12.🏪 Fair or unfair way to compete: grabbing their spot? (a) an unfair way (b) a fair way to compete
  13. 13.Which of these is a fair way to compete? (a) lying about a rival (b) posting fake reviews (c) spreading rumours (d) faster service
  14. 14.⭐ Is this a clear unique selling point (USP): “made from waste paper”? (a) a clear USP (b) not a USP
  15. 15.True or false: “a new flavour each week” is a clear unique selling point. (a) False (b) True
  16. 16.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) a clear USP (b) not a USP
  17. 17.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) not a USP (b) a clear USP
  18. 18.True or false: “personalised with names” is a clear unique selling point. (a) True (b) False
  19. 19.🛍️ Why is competition good for customers? (a) shops get rude (b) it is not good (c) prices always rise (d) they get better choices
  20. 20.🔍 Which is the odd one out? (a) we sell things (b) ready in five minutes (c) free name tags (d) made from waste paper
  21. 21.⭐ Is this a clear unique selling point (USP): “same as every stall”? (a) a clear USP (b) not a USP
  22. 22.Which of these is not a unique selling point? (a) a new flavour each week (b) free name tags (c) we are open (d) delivered to your door
  23. 23.True or false: “we have a table” is a clear unique selling point. (a) True (b) False
  24. 24.🔍 Which is the odd one out? (a) a sugar-free recipe (b) a new flavour each week (c) delivered to your door (d) it has a price
  25. 25.Which of these is an unfair way to compete? (a) lying about a rival (b) a cleaner stall (c) a fair, lower price (d) better quality
  26. 26.Which of these is a clear unique selling point? (a) it is a product (b) a sugar-free recipe (c) we are open (d) we sell things
  27. 27.⭐ Two stalls sell lemonade. What helps you stand out? (a) a rude sign (b) a higher price only (c) a louder voice (d) a unique selling point
  28. 28.Which of these is a clear unique selling point? (a) personalised with names (b) we sell things (c) we are open (d) it has a price
  29. 29.Which of these is a clear unique selling point? (a) we sell things (b) it is a product (c) free name tags (d) we have a table
  30. 30.Which of these is an unfair way to compete? (a) better quality (b) faster service (c) grabbing their spot (d) a fair, lower price
  31. 31.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  32. 32.🔍 Which is the odd one out? (a) free name tags (b) it is a product (c) we are open (d) we have a table
  33. 33.True or false: “a sugar-free recipe” is not a unique selling point. (a) True (b) False
  34. 34.🔍 Which is the odd one out? (a) a sugar-free recipe (b) we sell things (c) it has a price (d) it is a product
  35. 35.🔍 Which is the odd one out? (a) copying a rival’s logo (b) breaking their sign (c) spreading rumours (d) a cleaner stall
  36. 36.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 new flavour
  37. 37.🏪 Fair or unfair way to compete: posting fake reviews? (a) a fair way to compete (b) an unfair way
  38. 38.Which of these is not a unique selling point? (a) a sugar-free recipe (b) a new flavour each week (c) we sell things (d) ready in five minutes
  39. 39.⭐ Is this a clear unique selling point (USP): “we have a table”? (a) a clear USP (b) not a USP
  40. 40.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) not a USP (b) a clear USP

Answer key

  1. to set a fair price
  2. it has a price
  3. a rival seller
  4. a new flavour
  5. copying a rival’s logo
  6. a clear USP
  7. False
  8. an unfair way
  9. spreading rumours
  10. friendlier service
  11. posting fake reviews
  12. an unfair way
  13. faster service
  14. a clear USP
  15. True
  16. not a USP
  17. not a USP
  18. True
  19. they get better choices
  20. we sell things
  21. not a USP
  22. we are open
  23. False
  24. it has a price
  25. lying about a rival
  26. a sugar-free recipe
  27. a unique selling point
  28. personalised with names
  29. free name tags
  30. grabbing their spot
  31. a clear USP
  32. free name tags
  33. False
  34. a sugar-free recipe
  35. a cleaner stall
  36. copying a rival’s logo
  37. an unfair way
  38. we sell things
  39. not a USP
  40. a clear USP

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