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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 144 · 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: “made from waste paper” is not a unique selling point. (a) False (b) True
  2. 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. 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. 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. 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. 6.Kabir asked 24 classmates about a card stall. 15 said they would buy. How many said they would not?
  7. 7.🏪 Fair or unfair way to compete: posting fake reviews? (a) a fair way to compete (b) an unfair way
  8. 8.True or false: “soap” is a need. (a) False (b) True
  9. 9.True or false: for balloon animals, school students are the target customers. (a) True (b) False
  10. 10.True or false: “rice and dal” is a want. (a) True (b) False
  11. 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. 12.True or false: for colouring sheets, gardeners are the target customers. (a) True (b) False
  13. 13.True or false: “a fruit-cup stall” is a problem people have. (a) True (b) False
  14. 14.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
  15. 15.📝 When should you do market research? (a) only on holidays (b) never (c) before you spend money (d) after you close
  16. 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. 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. 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. 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. 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. 21.🏪 Fair or unfair way to compete: a cleaner stall? (a) an unfair way (b) a fair way to compete
  22. 22.🎯 Who is the main target customer for newspaper reading aloud? (a) school students (b) elderly people (c) young children (d) pet owners
  23. 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. 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. 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. 26.Rohan asked 41 classmates about a craft stall. 20 said they would buy. How many said they would not?
  27. 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. 28.📋 Helpful or unhelpful research question: “How often do you buy a snack at school?” (a) a helpful question (b) an unhelpful question
  29. 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. 30.True or false: “a used-book swap stall” is a solution idea. (a) False (b) True
  31. 31.True or false: “water bottles get lost” is a problem people have. (a) False (b) True
  32. 32.True or false: “saving for the business” is a helpful habit for an entrepreneur. (a) False (b) True
  33. 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. 34.True or false: someone who takes the business risk — that is what an entrepreneur does. (a) False (b) True
  35. 35.🚀 Which step of starting a business is this: brainstorm solutions? (a) step 5 (b) step 6 (c) step 2 (d) step 3
  36. 36.🚀 Helpful or unhelpful for an entrepreneur: asking customers? (a) a helpful habit (b) an unhelpful habit
  37. 37.🏪 Fair or unfair way to compete: lying about a rival? (a) a fair way to compete (b) an unfair way
  38. 38.🏪 Fair or unfair way to compete: breaking their sign? (a) a fair way to compete (b) an unfair way
  39. 39.👔 Who does this — an entrepreneur or an employee? Someone who takes the business risk. (a) an entrepreneur (b) an employee
  40. 40.🏪 Fair or unfair way to compete: a fair, lower price? (a) a fair way to compete (b) an unfair way

Answer key

  1. False
  2. the needs
  3. open the stall for all
  4. to learn cheaply
  5. open the stall for all
  6. 9
  7. an unfair way
  8. True
  9. False
  10. False
  11. phone help for elders
  12. False
  13. False
  14. a need: food
  15. before you spend money
  16. step 5
  17. to set a fair price
  18. being honest
  19. think of an idea
  20. a used-book swap stall
  21. a fair way to compete
  22. elderly people
  23. money could be lost
  24. pets alone all day
  25. plant name labels
  26. 21
  27. it is easier to focus
  28. a helpful question
  29. plants die in holidays
  30. True
  31. True
  32. True
  33. ask and watch them
  34. True
  35. step 2
  36. a helpful habit
  37. an unfair way
  38. an unfair way
  39. an entrepreneur
  40. a fair way to compete

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