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ENTREPRENEURSHIP DAY 1 (SESSION 2)

Total questions: 5

Worksheet time: 3mins

Name
Class
Date
1.

This is essential to opportunity – seeking which allows the entrepreneur to see

things in a positive and optimistic light in the midst of crisis or difficult

situations.

a)

Entrepreneurial mind frame

b)

Entrepreneurial heart flame

c)

Entrepreneurial gut game

d)

Entrepreneurial heart frame

2.

Service requirement is a/an ___________ thing or product that

cannot be touched but customer can feel he fulfillment.

a)

Tangible

b)

Service

c)

Intangible

d)

Output

3.

_______ will determine possible customers in one locality.

a)

Market design

b)

market research

c)

Market strategy

d)

market size

4.

Which statement BEST describes the relationship between a Value Proposition and a Unique Selling Proposition (USP)?

a)

They are interchangeable terms meaning the same thing.

b)

The USP is a component of the broader Value Proposition.

c)

The Value Proposition is a component of the broader USP.

d)

They are completely unrelated concepts.

5.

How does a strong USP contribute to a compelling Value Proposition?

a)

It makes the Value Proposition more generic and applicable to a wider audience.

b)

It provides a clear and specific reason why customers should choose the offering. c

c)

It emphasizes the price point over the benefits offered.

d)

It focuses solely on the emotional appeal of the product.