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: “bus fare to school” is a want. (a) False (b) True
- 2.True or false: “asking customers” is a helpful habit for an entrepreneur. (a) False (b) True
- 3.🚀 Starting a business: which comes first — fix what people disliked or launch the business? (a) fix what people disliked (b) launch the business
- 4.Which product is mainly for young children? (a) homemade compost (b) seedlings in pots (c) cloth toys for cats (d) puppet shows
- 5.True or false: someone who is paid by the owner — that is what an entrepreneur does. (a) False (b) True
- 6.🚀 Which step of starting a business is this: spot a problem? (a) step 2 (b) step 5 (c) step 1 (d) step 3
- 7.True or false: “What do you dislike about the snacks now?” is an unhelpful research question. (a) True (b) False
- 8.🔍 Which is the odd one out? (a) a third pair of shoes (b) a roof over your head (c) designer sunglasses (d) a bigger TV
- 9.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
- 10.True or false: for pet-bowl cleaning, pet owners are the target customers. (a) False (b) True
- 11.True or false: “a video game” is a want. (a) False (b) True
- 12.🎯 Who is the main target customer for colouring sheets? (a) pet owners (b) gardeners (c) elderly people (d) young children
- 13.🎯 What is a target customer? (a) every person on Earth (b) only your best friend (c) your competitor (d) the group you sell to
- 14.Which product is mainly for elderly people? (a) plant name labels (b) large-print calendars (c) puppet shows (d) exam revision cards
- 15.📊 After the launch, what should you keep doing? (a) ignore customers (b) keep records and review (c) hide your costs (d) stop counting
- 16.True or false: “What colour is your phone?” is a helpful research question. (a) False (b) True
- 17.True or false: “we are open” is a clear unique selling point. (a) False (b) True
- 18.Which of these is a want? (a) a toy robot (b) bus fare to school (c) drinking water (d) rice and dal
- 19.Which of these is a need? (a) notebooks for school (b) a toy robot (c) a third pair of shoes (d) a party dress
- 20.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) profit is guaranteed (b) money could be lost (c) nothing can go wrong (d) someone else pays
- 21.True or false: “working with a team” is a helpful habit for an entrepreneur. (a) True (b) False
- 22.True or false: “How often do you buy a snack at school?” is a helpful research question. (a) False (b) True
- 23.🚀 Helpful or unhelpful for an entrepreneur: skipping the planning? (a) a helpful habit (b) an unhelpful habit
- 24.📋 Helpful or unhelpful research question: “What time of day do you get hungry?” (a) an unhelpful question (b) a helpful question
- 25.Farhan asked 45 classmates about a bookmark stall. 1 said they would buy. How many said they would not?
- 26.🎯 Who is the main target customer for notebook covering? (a) school students (b) elderly people (c) gardeners (d) pet owners
- 27.👔 Who does this — an entrepreneur or an employee? Someone who keeps the profit or loss. (a) an entrepreneur (b) an employee
- 28.Which of these is an unhelpful habit for an entrepreneur? (a) skipping the planning (b) keeping promises (c) learning from mistakes (d) spotting problems
- 29.True or false: someone who follows the owner’s plan — that is what an employee does. (a) False (b) True
- 30.🌱 What is the best way to start a first business? (a) borrow a lot at once (b) copy a big company (c) quit school for it (d) start small and test
- 31.Which of these is a helpful habit for an entrepreneur? (a) spending all the profit (b) skipping the planning (c) trying small first (d) never asking anyone
- 32.🚀 Starting a business: which comes first — count profit and learn or think of an idea? (a) count profit and learn (b) think of an idea
- 33.🚀 Which step of starting a business is this: do a quick survey? (a) step 3 (b) step 6 (c) step 5 (d) step 4
- 34.💡 An entrepreneur is a person who… (a) works for a salary (b) never takes a risk (c) only buys things (d) starts a business
- 35.🔍 Three of these are for the same customers. Which is the odd one out? (a) puppet shows (b) timetable bookmarks (c) notebook covering (d) exam revision cards
- 36.🔍 Which is the odd one out? (a) no shade at the bus stop (b) a fruit-cup stall (c) elders find phones hard (d) juniors find maths hard
- 37.🛒 Need or want: rice and dal? (a) a need (b) a want
- 38.Which of these is a need? (a) a roof over your head (b) a third pair of shoes (c) a toy robot (d) a bigger TV
- 39.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) designer sunglasses (d) a sticker album
- 40.True or false: “spending all the profit” is a helpful habit for an entrepreneur. (a) True (b) False
Answer key
- False
- True
- fix what people disliked
- puppet shows
- False
- step 1
- False
- a roof over your head
- hot drinks
- True
- True
- young children
- the group you sell to
- large-print calendars
- keep records and review
- False
- False
- a toy robot
- notebooks for school
- money could be lost
- True
- True
- an unhelpful habit
- a helpful question
- 44
- school students
- an entrepreneur
- skipping the planning
- True
- start small and test
- trying small first
- think of an idea
- step 3
- starts a business
- puppet shows
- a fruit-cup stall
- a need
- a roof over your head
- soap
- False
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids