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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 122 · 40 questions
TalentJR

Business tip (Idea to customer): Find the topic of the question first: habits, needs, problems, order, customers, research or USP. Use that lesson’s tip and read every option before you choose. For survey sums: percent = part ÷ whole × 100.

NameDateTime takenScore ___ / 40
  1. 1.True or false: “a glitter pen set” is a need. (a) True (b) False
  2. 2.🚀 Starting a business: which comes first — ask possible customers or launch the business? (a) ask possible customers (b) launch the business
  3. 3.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
  4. 4.🚀 Which step of starting a business is this: see what bugs people? (a) step 2 (b) step 3 (c) step 7 (d) step 1
  5. 5.Zoya asked 25 people about a popcorn stall and 10 said yes. What percent said yes?
  6. 6.Which product is mainly for gardeners? (a) plant name labels (b) video-call help (c) balloon animals (d) notebook covering
  7. 7.True or false: “a fruit-cup stall” is a solution idea. (a) False (b) True
  8. 8.🔍 Which is the odd one out? (a) we are open (b) free name tags (c) made from waste paper (d) delivered to your door
  9. 9.📊 After the launch, what should you keep doing? (a) stop counting (b) hide your costs (c) keep records and review (d) ignore customers
  10. 10.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
  11. 11.Which of these is a clear unique selling point? (a) personalised with names (b) it is a product (c) we are open (d) it has a price
  12. 12.🛒 Need or want: a party dress? (a) a need (b) a want
  13. 13.🛒 Need or want: a glitter pen set? (a) a need (b) a want
  14. 14.🛒 Need or want: a warm blanket? (a) a want (b) a need
  15. 15.True or false: “rice and dal” is a want. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) bottle name stickers (b) phone help for elders (c) no shade at the bus stop (d) a used-book swap stall
  17. 17.👔 Who does this — an entrepreneur or an employee? Someone who is paid by the owner. (a) an entrepreneur (b) an employee
  18. 18.🔍 Which is the odd one out? (a) breaking promises (b) blaming others (c) spotting problems (d) ignoring complaints
  19. 19.In Nisha’s class vote, a card stall got 26 votes and a bookmark stall got 18 votes. Which idea got more votes? (a) a card stall (b) a bookmark stall
  20. 20.🚀 Helpful or unhelpful for an entrepreneur: being honest? (a) an unhelpful habit (b) a helpful habit
  21. 21.True or false: “spotting problems” is an unhelpful habit for an entrepreneur. (a) False (b) True
  22. 22.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) a fancy phone cover (d) notebooks for school
  23. 23.Which of these is a problem people have? (a) no healthy snack nearby (b) a fruit-cup stall (c) a used-book swap stall (d) a plant-watering service
  24. 24.💰 Profit is… (a) the price of one item (b) all money from sales (c) money you borrow (d) money left after costs
  25. 25.🔍 Which is the odd one out? (a) a new flavour (b) a fair, lower price (c) faster service (d) lying about a rival
  26. 26.🔎 Is this a problem or a solution idea: “no healthy snack nearby”? (a) a problem (b) a solution idea
  27. 27.🔎 Is this a problem or a solution idea: “no shade at the bus stop”? (a) a solution idea (b) a problem
  28. 28.🔍 Which is the odd one out? (a) grabbing their spot (b) posting fake reviews (c) a new flavour (d) copying a rival’s logo
  29. 29.📋 Helpful or unhelpful research question: “Which flavour would you choose: lemon or mint?” (a) a helpful question (b) an unhelpful question
  30. 30.⭐ Is this a clear unique selling point (USP): “a sugar-free recipe”? (a) a clear USP (b) not a USP
  31. 31.🔁 Idea → test → launch: why this order? (a) it looks nice (b) no reason (c) less risk of loss (d) it is faster to lose
  32. 32.Which product is mainly for pet owners? (a) timetable bookmarks (b) notebook covering (c) dog-treat biscuits (d) balloon animals
  33. 33.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
  34. 34.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) someone else pays (b) nothing can go wrong (c) profit is guaranteed (d) money could be lost
  35. 35.🔎 Is this a problem or a solution idea: “pets alone all day”? (a) a solution idea (b) a problem
  36. 36.🎯 Who is the main target customer for newspaper reading aloud? (a) pet owners (b) elderly people (c) gardeners (d) young children
  37. 37.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) he made too few (b) he asked too many (c) nothing at all (d) he skipped testing
  38. 38.🔍 Which is the odd one out? (a) a new flavour (b) faster service (c) breaking their sign (d) a fair, lower price
  39. 39.Which of these is a want? (a) a fancy phone cover (b) rice and dal (c) medicine when ill (d) drinking water
  40. 40.Which of these is a want? (a) rice and dal (b) a roof over your head (c) a party dress (d) soap

Answer key

  1. False
  2. ask possible customers
  3. a need: food
  4. step 1
  5. 40
  6. plant name labels
  7. True
  8. we are open
  9. keep records and review
  10. umbrellas and raincoats
  11. personalised with names
  12. a want
  13. a want
  14. a need
  15. False
  16. no shade at the bus stop
  17. an employee
  18. spotting problems
  19. a card stall
  20. a helpful habit
  21. False
  22. notebooks for school
  23. no healthy snack nearby
  24. money left after costs
  25. lying about a rival
  26. a problem
  27. a problem
  28. a new flavour
  29. a helpful question
  30. a clear USP
  31. less risk of loss
  32. dog-treat biscuits
  33. the needs
  34. money could be lost
  35. a problem
  36. elderly people
  37. he skipped testing
  38. breaking their sign
  39. a fancy phone cover
  40. a party dress

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