Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 148 · 40 questions

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.

1. 1.🏪 Fair or unfair way to compete: a fair, lower price? (a) an unfair way (b) a fair way to compete
2. 2.👔 Who does this — an entrepreneur or an employee? Someone who works for an employer. (a) an employee (b) an entrepreneur
3. 3.👪 Aarav, 12, wants to start a small stall. Whom should he ask first? (a) nobody (b) a stranger online (c) his parents (d) only his best friend
4. 4.📊 After the launch, what should you keep doing? (a) ignore customers (b) hide your costs (c) stop counting (d) keep records and review
5. 5.🏪 What is a competitor? (a) your teammate (b) a customer (c) a supplier (d) a rival seller
6. 6.True or false: “Where do you buy bookmarks now?” is a helpful research question. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) bottle name stickers (b) a shade-cloth project (c) juniors find maths hard (d) a plant-watering service
8. 8.True or false: “a fancy phone cover” is a want. (a) True (b) False
9. 9.Which product is mainly for pet owners? (a) dog-treat biscuits (b) exam revision cards (c) video-call help (d) balloon animals
10. 10.Which of these is a want? (a) sweets every day (b) bus fare to school (c) medicine when ill (d) a school uniform
11. 11.In Dev’s class vote, a bookmark stall got 27 votes and a card stall got 35 votes. Which idea got more votes? (a) a card stall (b) a bookmark stall
12. 12.True or false: “rice and dal” is a want. (a) True (b) False
13. 13.🚀 Starting a business: which comes first — count profit and learn or improve from feedback? (a) count profit and learn (b) improve from feedback
14. 14.🚀 Which step of starting a business is this: open the stall for all? (a) step 7 (b) step 6 (c) step 3 (d) step 4
15. 15.Which of these is not a unique selling point? (a) a new flavour each week (b) delivered to your door (c) made from waste paper (d) we have a table
16. 16.🔁 Idea → test → launch: why this order? (a) it looks nice (b) less risk of loss (c) it is faster to lose (d) no reason
17. 17.True or false: “trying small first” is an unhelpful habit for an entrepreneur. (a) True (b) False
18. 18.🔢 Asking 30 people or 3 people — which tells you more? (a) neither (b) 3 people (c) 30 people (d) both the same
19. 19.True or false: someone who follows the owner’s plan — that is what an entrepreneur does. (a) False (b) True
20. 20.🎯 Who is the main target customer for cloth toys for cats? (a) gardeners (b) school students (c) pet owners (d) elderly people
21. 21.📋 Helpful or unhelpful research question: “What is your favourite cricket team?” (a) an unhelpful question (b) a helpful question
22. 22.Which of these is a helpful habit for an entrepreneur? (a) breaking promises (b) skipping the planning (c) ignoring complaints (d) saving for the business
23. 23.Dev asked 46 classmates about a bookmark stall. 43 said they would buy. How many said they would not?
24. 24.👔 Who does this — an entrepreneur or an employee? Someone who follows the owner’s plan. (a) an employee (b) an entrepreneur
25. 25.Which of these is an unhelpful habit for an entrepreneur? (a) learning from mistakes (b) working with a team (c) being honest (d) never asking anyone
26. 26.🚀 Starting a business: which comes first — launch the business or keep records and review? (a) launch the business (b) keep records and review
27. 27.🛒 Need or want: drinking water? (a) a want (b) a need
28. 28.🛒 Need or want: a glitter pen set? (a) a want (b) a need
29. 29.🚀 Starting a business: which comes first — fix what people disliked or keep records and review? (a) fix what people disliked (b) keep records and review
30. 30.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) not a USP (b) a clear USP
31. 31.True or false: for video-call help, elderly people are the target customers. (a) False (b) True
32. 32.True or false: “pets alone all day” is a solution idea. (a) False (b) True
33. 33.True or false: someone who owns the business — that is what an employee does. (a) False (b) True
34. 34.🚀 Starting a business: which comes first — think of an idea or ask possible customers? (a) think of an idea (b) ask possible customers
35. 35.In Dev’s class vote, maths help for juniors got 18 votes and a lemonade stall got 13 votes. Which idea got more votes? (a) maths help for juniors (b) a lemonade stall
36. 36.🚀 Starting a business: which comes first — improve from feedback or count profit and learn? (a) improve from feedback (b) count profit and learn
37. 37.True or false: “we sell things” is not a unique selling point. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) working with a team (b) being honest (c) staying curious (d) spending all the profit
39. 39.Which of these is a fair way to compete? (a) lying about a rival (b) copying a rival’s logo (c) grabbing their spot (d) a fair, lower price
40. 40.🚀 Helpful or unhelpful for an entrepreneur: saving for the business? (a) an unhelpful habit (b) a helpful habit

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids