Entrepreneurship for Kids Worksheet: Part 1 Test
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.True or false: “made from waste paper” is not a unique selling point. (a) False (b) True
- 2.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
- 3.🚀 Starting a business: which comes first — keep records and review or open the stall for all? (a) keep records and review (b) open the stall for all
- 4.🧪 Why make a small test batch before a big launch? (a) to waste money (b) it is a rule (c) to learn cheaply (d) to look busy
- 5.🚀 Starting a business: which comes first — count profit and learn or open the stall for all? (a) count profit and learn (b) open the stall for all
- 6.Kabir asked 24 classmates about a card stall. 15 said they would buy. How many said they would not?
- 7.🏪 Fair or unfair way to compete: posting fake reviews? (a) a fair way to compete (b) an unfair way
- 8.True or false: “soap” is a need. (a) False (b) True
- 9.True or false: for balloon animals, school students are the target customers. (a) True (b) False
- 10.True or false: “rice and dal” is a want. (a) True (b) False
- 11.🔍 Which is the odd one out? (a) water bottles get lost (b) phone help for elders (c) elders find phones hard (d) old books thrown away
- 12.True or false: for colouring sheets, gardeners are the target customers. (a) True (b) False
- 13.True or false: “a fruit-cup stall” is a problem people have. (a) True (b) False
- 14.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
- 15.📝 When should you do market research? (a) only on holidays (b) never (c) before you spend money (d) after you close
- 16.🚀 Which step of starting a business is this: improve from feedback? (a) step 1 (b) step 7 (c) step 5 (d) step 3
- 17.📊 A rival sells chai at ₹10. Why should you know this? (a) to complain (b) to set a fair price (c) to copy their sign (d) to close them down
- 18.Which of these is a helpful habit for an entrepreneur? (a) blaming others (b) never asking anyone (c) ignoring complaints (d) being honest
- 19.🚀 Starting a business: which comes first — think of an idea or make a small test batch? (a) think of an idea (b) make a small test batch
- 20.Which of these is a solution idea? (a) old books thrown away (b) elders find phones hard (c) a used-book swap stall (d) plants die in holidays
- 21.🏪 Fair or unfair way to compete: a cleaner stall? (a) an unfair way (b) a fair way to compete
- 22.🎯 Who is the main target customer for newspaper reading aloud? (a) school students (b) elderly people (c) young children (d) pet owners
- 23.⚖️ 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
- 24.🔍 Which is the odd one out? (a) bottle name stickers (b) a plant-watering service (c) pets alone all day (d) a pet-sitting service
- 25.🔍 Three of these are for the same customers. Which is the odd one out? (a) video-call help (b) newspaper reading aloud (c) large-print calendars (d) plant name labels
- 26.Rohan asked 41 classmates about a craft stall. 20 said they would buy. How many said they would not?
- 27.🧭 Why not try to sell to everyone? (a) everyone buys anyway (b) it is illegal (c) it is easier to focus (d) focus is a waste
- 28.📋 Helpful or unhelpful research question: “How often do you buy a snack at school?” (a) a helpful question (b) an unhelpful question
- 29.Which of these is a problem people have? (a) a used-book swap stall (b) plants die in holidays (c) bottle name stickers (d) a pet-sitting service
- 30.True or false: “a used-book swap stall” is a solution idea. (a) False (b) True
- 31.True or false: “water bottles get lost” is a problem people have. (a) False (b) True
- 32.True or false: “saving for the business” is a helpful habit for an entrepreneur. (a) False (b) True
- 33.🗺️ How can you learn about your target customers? (a) ask nobody (b) copy a rival (c) ask and watch them (d) guess at home
- 34.True or false: someone who takes the business risk — that is what an entrepreneur does. (a) False (b) True
- 35.🚀 Which step of starting a business is this: brainstorm solutions? (a) step 5 (b) step 6 (c) step 2 (d) step 3
- 36.🚀 Helpful or unhelpful for an entrepreneur: asking customers? (a) a helpful habit (b) an unhelpful habit
- 37.🏪 Fair or unfair way to compete: lying about a rival? (a) a fair way to compete (b) an unfair way
- 38.🏪 Fair or unfair way to compete: breaking their sign? (a) a fair way to compete (b) an unfair way
- 39.👔 Who does this — an entrepreneur or an employee? Someone who takes the business risk. (a) an entrepreneur (b) an employee
- 40.🏪 Fair or unfair way to compete: a fair, lower price? (a) a fair way to compete (b) an unfair way
Answer key
- False
- the needs
- open the stall for all
- to learn cheaply
- open the stall for all
- 9
- an unfair way
- True
- False
- False
- phone help for elders
- False
- False
- a need: food
- before you spend money
- step 5
- to set a fair price
- being honest
- think of an idea
- a used-book swap stall
- a fair way to compete
- elderly people
- money could be lost
- pets alone all day
- plant name labels
- 21
- it is easier to focus
- a helpful question
- plants die in holidays
- True
- True
- True
- ask and watch them
- True
- step 2
- a helpful habit
- an unfair way
- an unfair way
- an entrepreneur
- a fair way to compete
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids