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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 233 · 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: someone who owns the business — that is what an entrepreneur does. (a) False (b) True
  2. 2.True or false: “a bigger TV” is a want. (a) True (b) False
  3. 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. 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. 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. 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. 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. 8.💰 Profit is… (a) money left after costs (b) the price of one item (c) all money from sales (d) money you borrow
  9. 9.True or false: “spotting problems” is an unhelpful habit for an entrepreneur. (a) False (b) True
  10. 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. 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. 12.Which of these is a want? (a) bus fare to school (b) soap (c) a sticker album (d) notebooks for school
  13. 13.🔍 Which is the odd one out? (a) breaking their sign (b) grabbing their spot (c) a fair, lower price (d) spreading rumours
  14. 14.📋 Helpful or unhelpful research question: “What did you eat on your birthday last year?” (a) an unhelpful question (b) a helpful question
  15. 15.True or false: someone who takes the business risk — that is what an employee does. (a) False (b) True
  16. 16.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) school shoes (d) a sticker album
  17. 17.🛒 Need or want: a toy robot? (a) a need (b) a want
  18. 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. 19.📝 When should you do market research? (a) after you close (b) never (c) only on holidays (d) before you spend money
  20. 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. 21.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) designer sunglasses (d) notebooks for school
  22. 22.🏪 Fair or unfair way to compete: copying a rival’s logo? (a) a fair way to compete (b) an unfair way
  23. 23.🎯 Who is the main target customer for cloth toys for cats? (a) elderly people (b) pet owners (c) school students (d) gardeners
  24. 24.True or false: “plants die in holidays” is a solution idea. (a) True (b) False
  25. 25.👔 Who does this — an entrepreneur or an employee? Someone who starts a new business. (a) an entrepreneur (b) an employee
  26. 26.🔍 Which is the odd one out? (a) spending all the profit (b) saving for the business (c) planning ahead (d) being honest
  27. 27.Which product is mainly for gardeners? (a) pet-bowl cleaning (b) homemade compost (c) video-call help (d) large-print calendars
  28. 28.🎯 Who is the main target customer for video-call help? (a) gardeners (b) pet owners (c) elderly people (d) young children
  29. 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. 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. 31.True or false: for cloth toys for cats, gardeners are the target customers. (a) False (b) True
  32. 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. 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. 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. 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. 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. 37.🔢 Asking 30 people or 3 people — which tells you more? (a) both the same (b) 3 people (c) neither (d) 30 people
  38. 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. 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. 40.Vihaan asked 20 people about a craft stall and 7 said yes. What percent said yes?

Answer key

  1. True
  2. True
  3. step 1
  4. money could be lost
  5. plant name labels
  6. ready in five minutes
  7. giving up after one try
  8. money left after costs
  9. False
  10. improve the recipe
  11. plants die in holidays
  12. a sticker album
  13. a fair, lower price
  14. an unhelpful question
  15. False
  16. a sticker album
  17. a want
  18. phone help for elders
  19. before you spend money
  20. step 4
  21. notebooks for school
  22. an unfair way
  23. pet owners
  24. False
  25. an entrepreneur
  26. spending all the profit
  27. homemade compost
  28. elderly people
  29. same as every stall
  30. no one can do it alone
  31. False
  32. made from waste paper
  33. learning from mistakes
  34. to learn cheaply
  35. old books thrown away
  36. a roof over your head
  37. 30 people
  38. think of an idea
  39. less risk of loss
  40. 35

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