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
Practise IB Business Management SL/HL 4.2.4 by applying unique selling point concepts to exam-style questions.
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
Define the term unique selling point/proposition (USP).
unique selling point is any aspect of the organization, brand or product that enables differentiation in consumers' minds from the competitors.
N.B. no application required. Do not credit examples.
Award [1] for a basic definition that conveys partial knowledge and understanding.
Award [2] for a full definition that conveys knowledge and understanding similar to the answer above.