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Value Proposition

6 practice questionsEntrepreneurshipStep-by-step solutions

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1

A 'unique selling proposition' (USP) is what:

A.Distinguishes a product from its competitors
B.Lists the company's liabilities
C.Sets the corporate tax rate
D.Describes the office layout
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2

A value proposition explains what?

A.How to file source code
B.Why customers should choose a product or service
C.How to calculate payroll only
D.Where all roads are located
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3

A 'pivot' in a startup refers to:

A.Closing the company
B.A fundamental change in strategy based on market feedback
C.Hiring a new CEO
D.Moving to a new office
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