ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
You should base your usp on reliable research into your company’s target markets.
A
religion and work experience to age and Gender
B
race and education
C
age and gender
D
needs and wants
Explanation: 

Detailed explanation-1: -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.

Detailed explanation-2: -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-3: -A unique selling point can be thought of as “what you have that competitors don’t.” A successful USP promises a clearly articulated benefit to consumers, offering them something that competitive products can’t or don’t offer. The USP should also be compelling enough to attract new customers.

Detailed explanation-4: -Focus on your customers. Customer experience is at the heart of a good unique selling proposition. Root it in your business values. Highlight your strengths. Position yourself in contrast to competitors.

There is 1 question to complete.