INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
diversification
|
|
|
market dominance
|
|
|
positioning
|
|
|
market segmentation
|
Detailed explanation-1: -A unique selling point (USP), also called a unique selling proposition, is the essence of what makes your product or service better than competitors. In online marketing, communicating your USP clearly and quickly is one of the keys to getting potential customers to convert on your site.
Detailed explanation-2: -USP stands for Unique Selling Proposition. The USP and a positioning statement are essentially the same thing.
Detailed explanation-3: -Answer. Answer: (d) 5. USP is defined as. (a) Unique selling price.
Detailed explanation-4: -A unique selling proposition (USP) is the one thing that makes your business better than the competition. It’s a specific and clear benefit that makes your business stand out when compared to other businesses in your market.