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IB Business Management SL 4.2.4 Unique selling point Question Bank

Practise IB Business Management SL/HL 4.2.4 by applying unique selling point concepts to exam-style questions.

Syllabus
First assessment 2024
Course
Business management SL
Level
SL

Exam points

  • identify the relevant model, concept or evidence
  • apply the correct subject framework to the question
  • evaluate the result using clear evidence and subject terminology

4.2.4—Unique selling point question 1

[Maximum number: 2]

Visionary Toys (VT)


Visionary Toys (VT) produces highly innovative toys for children. V T began operation in January 2017 and its unique selling point/proposition (USP) is producing toy parts with a 3D printer. The financial director presented financial information for VT at the end of 2017. He was concerned about VT's liquidity.

Table 1: Revenue and expense information for the year 2017 and balance sheet items at 31 December 2017

Table 1: Revenue and expense information for the year 2017 and balance sheet items at 31 December 2017

Define the term unique selling point/proposition (USP).

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