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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 226 · 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 warm blanket” is a want. (a) False (b) True
  2. 2.🏪 Fair or unfair way to compete: lying about a rival? (a) a fair way to compete (b) an unfair way
  3. 3.📋 Helpful or unhelpful research question: “Where do you buy bookmarks now?” (a) a helpful question (b) an unhelpful question
  4. 4.Which of these is an unhelpful habit for an entrepreneur? (a) skipping the planning (b) being honest (c) saving for the business (d) trying small first
  5. 5.📋 Helpful or unhelpful research question: “What is your favourite cricket team?” (a) a helpful question (b) an unhelpful question
  6. 6.🎯 Who is the main target customer for balloon animals? (a) school students (b) pet owners (c) elderly people (d) young children
  7. 7.True or false: “a new flavour each week” is not a unique selling point. (a) True (b) False
  8. 8.💰 Profit is… (a) money you borrow (b) money left after costs (c) all money from sales (d) the price of one item
  9. 9.🗣️ Testers say your cupcakes are too sweet. What is the next step? (a) improve the recipe (b) launch it as it is (c) stop listening (d) raise the price
  10. 10.Which of these is an unhelpful habit for an entrepreneur? (a) breaking promises (b) trying small first (c) planning ahead (d) staying curious
  11. 11.True or false: “What would make you buy it again?” is an unhelpful research question. (a) False (b) True
  12. 12.🛍️ Why is competition good for customers? (a) shops get rude (b) it is not good (c) prices always rise (d) they get better choices
  13. 13.True or false: for dog-treat biscuits, pet owners are the target customers. (a) True (b) False
  14. 14.🚀 Starting a business: which comes first — keep records and review or improve from feedback? (a) keep records and review (b) improve from feedback
  15. 15.👔 Who does this — an entrepreneur or an employee? Someone who follows the owner’s plan. (a) an entrepreneur (b) an employee
  16. 16.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  17. 17.True or false: “delivered to your door” is not a unique selling point. (a) False (b) True
  18. 18.True or false: “a glitter pen set” is a need. (a) True (b) False
  19. 19.🎯 Who is the main target customer for newspaper reading aloud? (a) elderly people (b) school students (c) gardeners (d) pet owners
  20. 20.True or false: “spotting problems” is an unhelpful habit for an entrepreneur. (a) False (b) True
  21. 21.Which product is mainly for gardeners? (a) timetable bookmarks (b) seedlings in pots (c) cloth toys for cats (d) large-print calendars
  22. 22.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
  23. 23.Farhan asked 25 classmates about a bookmark stall. 10 said they would buy. How many said they would not?
  24. 24.📋 What is market research? (a) counting your money (b) printing posters (c) asking what buyers want (d) making a logo
  25. 25.🔍 Which is the odd one out? (a) no shade at the bus stop (b) a pet-sitting service (c) a shade-cloth project (d) bottle name stickers
  26. 26.True or false: someone who is paid by the owner — that is what an entrepreneur does. (a) False (b) True
  27. 27.📋 Helpful or unhelpful research question: “You love my idea, right?” (a) an unhelpful question (b) a helpful question
  28. 28.🚀 Which step of starting a business is this: launch the business? (a) step 7 (b) step 3 (c) step 6 (d) step 2
  29. 29.🚀 Which step of starting a business is this: count profit and learn? (a) step 7 (b) step 4 (c) step 5 (d) step 6
  30. 30.⭐ Is this a clear unique selling point (USP): “we sell things”? (a) not a USP (b) a clear USP
  31. 31.🚀 Starting a business: which comes first — ask possible customers or launch the business? (a) ask possible customers (b) launch the business
  32. 32.True or false: “a party dress” is a want. (a) False (b) True
  33. 33.🚀 Which step of starting a business is this: improve from feedback? (a) step 1 (b) step 7 (c) step 2 (d) step 5
  34. 34.📝 When should you do market research? (a) never (b) after you close (c) only on holidays (d) before you spend money
  35. 35.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) sweets every day (d) medicine when ill
  36. 36.True or false: for seedlings in pots, gardeners are the target customers. (a) False (b) True
  37. 37.🛒 Need or want: soap? (a) a want (b) a need
  38. 38.🎯 Who is the main target customer for video-call help? (a) elderly people (b) school students (c) gardeners (d) young children
  39. 39.📊 After the launch, what should you keep doing? (a) keep records and review (b) hide your costs (c) ignore customers (d) stop counting
  40. 40.🧪 How can you find a USP? (a) skip it (b) pick a random word (c) ask what buyers miss (d) copy the rival exactly

Answer key

  1. False
  2. an unfair way
  3. a helpful question
  4. skipping the planning
  5. an unhelpful question
  6. young children
  7. False
  8. money left after costs
  9. improve the recipe
  10. breaking promises
  11. False
  12. they get better choices
  13. True
  14. improve from feedback
  15. an employee
  16. a clear USP
  17. False
  18. False
  19. elderly people
  20. False
  21. seedlings in pots
  22. umbrellas and raincoats
  23. 15
  24. asking what buyers want
  25. no shade at the bus stop
  26. False
  27. an unhelpful question
  28. step 6
  29. step 7
  30. not a USP
  31. ask possible customers
  32. True
  33. step 5
  34. before you spend money
  35. medicine when ill
  36. True
  37. a need
  38. elderly people
  39. keep records and review
  40. ask what buyers miss

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