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: someone who owns the business — that is what an entrepreneur does. (a) False (b) True
- 2.True or false: “a bigger TV” is a want. (a) True (b) False
- 3.🚀 Which step of starting a business is this: spot a problem? (a) step 2 (b) step 6 (c) step 4 (d) step 1
- 4.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) nothing can go wrong (b) profit is guaranteed (c) someone else pays (d) money could be lost
- 5.🔍 Three of these are for the same customers. Which is the odd one out? (a) plant name labels (b) puppet shows (c) colouring sheets (d) balloon animals
- 6.🔍 Which is the odd one out? (a) it is a product (b) same as every stall (c) we have a table (d) ready in five minutes
- 7.Which of these is an unhelpful habit for an entrepreneur? (a) learning from mistakes (b) giving up after one try (c) staying curious (d) working with a team
- 8.💰 Profit is… (a) money left after costs (b) the price of one item (c) all money from sales (d) money you borrow
- 9.True or false: “spotting problems” is an unhelpful habit for an entrepreneur. (a) False (b) True
- 10.🗣️ Testers say your cupcakes are too sweet. What is the next step? (a) launch it as it is (b) raise the price (c) stop listening (d) improve the recipe
- 11.🔍 Which is the odd one out? (a) bottle name stickers (b) phone help for elders (c) a fruit-cup stall (d) plants die in holidays
- 12.Which of these is a want? (a) bus fare to school (b) soap (c) a sticker album (d) notebooks for school
- 13.🔍 Which is the odd one out? (a) breaking their sign (b) grabbing their spot (c) a fair, lower price (d) spreading rumours
- 14.📋 Helpful or unhelpful research question: “What did you eat on your birthday last year?” (a) an unhelpful question (b) a helpful question
- 15.True or false: someone who takes the business risk — that is what an employee does. (a) False (b) True
- 16.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) school shoes (d) a sticker album
- 17.🛒 Need or want: a toy robot? (a) a need (b) a want
- 18.📱 Grandparents find video calls confusing. Which idea helps? (a) a kite stall (b) phone help for elders (c) a cricket coaching (d) selling sweets
- 19.📝 When should you do market research? (a) after you close (b) never (c) only on holidays (d) before you spend money
- 20.🚀 Which step of starting a business is this: make a small test batch? (a) step 1 (b) step 2 (c) step 3 (d) step 4
- 21.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) designer sunglasses (d) notebooks for school
- 22.🏪 Fair or unfair way to compete: copying a rival’s logo? (a) a fair way to compete (b) an unfair way
- 23.🎯 Who is the main target customer for cloth toys for cats? (a) elderly people (b) pet owners (c) school students (d) gardeners
- 24.True or false: “plants die in holidays” is a solution idea. (a) True (b) False
- 25.👔 Who does this — an entrepreneur or an employee? Someone who starts a new business. (a) an entrepreneur (b) an employee
- 26.🔍 Which is the odd one out? (a) spending all the profit (b) saving for the business (c) planning ahead (d) being honest
- 27.Which product is mainly for gardeners? (a) pet-bowl cleaning (b) homemade compost (c) video-call help (d) large-print calendars
- 28.🎯 Who is the main target customer for video-call help? (a) gardeners (b) pet owners (c) elderly people (d) young children
- 29.🔍 Which is the odd one out? (a) a new flavour each week (b) a sugar-free recipe (c) made from waste paper (d) same as every stall
- 30.🤝 Why do entrepreneurs work with other people? (a) to take their money (b) to make them work free (c) they never do (d) no one can do it alone
- 31.True or false: for cloth toys for cats, gardeners are the target customers. (a) False (b) True
- 32.Which of these is a clear unique selling point? (a) we have a table (b) same as every stall (c) it is a product (d) made from waste paper
- 33.Which of these is a helpful habit for an entrepreneur? (a) spending all the profit (b) giving up after one try (c) ignoring complaints (d) learning from mistakes
- 34.🧪 Why make a small test batch before a big launch? (a) to learn cheaply (b) to look busy (c) it is a rule (d) to waste money
- 35.Which of these is a problem people have? (a) maths help for juniors (b) old books thrown away (c) a plant-watering service (d) bottle name stickers
- 36.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) a roof over your head (d) a third pair of shoes
- 37.🔢 Asking 30 people or 3 people — which tells you more? (a) both the same (b) 3 people (c) neither (d) 30 people
- 38.🚀 Starting a business: which comes first — open the stall for all or think of an idea? (a) open the stall for all (b) think of an idea
- 39.🔁 Idea → test → launch: why this order? (a) it looks nice (b) less risk of loss (c) it is faster to lose (d) no reason
- 40.Vihaan asked 20 people about a craft stall and 7 said yes. What percent said yes?
Answer key
- True
- True
- step 1
- money could be lost
- plant name labels
- ready in five minutes
- giving up after one try
- money left after costs
- False
- improve the recipe
- plants die in holidays
- a sticker album
- a fair, lower price
- an unhelpful question
- False
- a sticker album
- a want
- phone help for elders
- before you spend money
- step 4
- notebooks for school
- an unfair way
- pet owners
- False
- an entrepreneur
- spending all the profit
- homemade compost
- elderly people
- same as every stall
- no one can do it alone
- False
- made from waste paper
- learning from mistakes
- to learn cheaply
- old books thrown away
- a roof over your head
- 30 people
- think of an idea
- less risk of loss
- 35
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids