← Part 1 test: ideas and customers lesson New set →

Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 326 · 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 keeps the profit or loss — that is what an employee does. (a) True (b) False
  2. 2.🚀 Which step of starting a business is this: count profit and learn? (a) step 3 (b) step 7 (c) step 1 (d) step 2
  3. 3.📋 Helpful or unhelpful research question: “Do you like things?” (a) an unhelpful question (b) a helpful question
  4. 4.🔍 Three of these are for the same customers. Which is the odd one out? (a) puppet shows (b) colouring sheets (c) balloon animals (d) video-call help
  5. 5.True or false: “Isn’t my lemonade the best ever?” is an unhelpful research question. (a) True (b) False
  6. 6.True or false: “pets alone all day” is a solution idea. (a) False (b) True
  7. 7.🤝 Why do entrepreneurs work with other people? (a) to make them work free (b) they never do (c) to take their money (d) no one can do it alone
  8. 8.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
  9. 9.📊 After the launch, what should you keep doing? (a) ignore customers (b) hide your costs (c) stop counting (d) keep records and review
  10. 10.📚 Families throw away old school books every year. Which idea helps? (a) a toy sale (b) a used-book swap (c) a new bookshop (d) a juice stall
  11. 11.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) medicine when ill (d) a toy robot
  12. 12.🚀 Which step of starting a business is this: spot a problem? (a) step 2 (b) step 3 (c) step 7 (d) step 1
  13. 13.🏪 Fair or unfair way to compete: a new flavour? (a) a fair way to compete (b) an unfair way
  14. 14.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) nothing at all (b) he made too few (c) he skipped testing (d) he asked too many
  15. 15.True or false: “a bigger TV” is a want. (a) True (b) False
  16. 16.🚀 Which step of starting a business is this: see what bugs people? (a) step 7 (b) step 4 (c) step 1 (d) step 3
  17. 17.🍎 Kids have no healthy snack near school. Which idea helps? (a) a sticker stall (b) a comic swap (c) a fried chips stall (d) a fruit-cup stall
  18. 18.🔁 Idea → test → launch: why this order? (a) no reason (b) it looks nice (c) less risk of loss (d) it is faster to lose
  19. 19.👔 Who does this — an entrepreneur or an employee? Someone who is paid by the owner. (a) an entrepreneur (b) an employee
  20. 20.🪴 Plants in your colony dry up in the holidays. Which idea helps? (a) a poster contest (b) plastic flowers (c) a chess club (d) plant-watering visits
  21. 21.🚀 Which step of starting a business is this: fix what people disliked? (a) step 5 (b) step 6 (c) step 2 (d) step 4
  22. 22.📋 Helpful or unhelpful research question: “What time of day do you get hungry?” (a) an unhelpful question (b) a helpful question
  23. 23.🔍 Which is the odd one out? (a) elders find phones hard (b) water bottles get lost (c) a shade-cloth project (d) old books thrown away
  24. 24.Which of these is a solution idea? (a) maths help for juniors (b) elders find phones hard (c) plants die in holidays (d) no shade at the bus stop
  25. 25.Which of these is a solution idea? (a) no shade at the bus stop (b) bottle name stickers (c) no healthy snack nearby (d) elders find phones hard
  26. 26.True or false: “we are open” is a clear unique selling point. (a) True (b) False
  27. 27.💡 An entrepreneur is a person who… (a) works for a salary (b) only buys things (c) never takes a risk (d) starts a business
  28. 28.True or false: someone who works for an employer — that is what an employee does. (a) False (b) True
  29. 29.Which of these is a want? (a) rice and dal (b) a school uniform (c) a fancy phone cover (d) drinking water
  30. 30.Dev asked 50 classmates about a lemonade stall. 6 said they would buy. How many said they would not?
  31. 31.🗣️ Testers say your cupcakes are too sweet. What is the next step? (a) stop listening (b) improve the recipe (c) launch it as it is (d) raise the price
  32. 32.🏪 Fair or unfair way to compete: spreading rumours? (a) a fair way to compete (b) an unfair way
  33. 33.🏪 Fair or unfair way to compete: a fair, lower price? (a) a fair way to compete (b) an unfair way
  34. 34.🧭 Why not try to sell to everyone? (a) everyone buys anyway (b) focus is a waste (c) it is illegal (d) it is easier to focus
  35. 35.True or false: for notebook covering, school students are the target customers. (a) True (b) False
  36. 36.True or false: “a pet-sitting service” is a problem people have. (a) True (b) False
  37. 37.🏪 Fair or unfair way to compete: grabbing their spot? (a) a fair way to compete (b) an unfair way
  38. 38.True or false: someone who starts a new business — that is what an entrepreneur does. (a) False (b) True
  39. 39.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a bigger TV (d) a warm blanket
  40. 40.🛒 Need or want: a warm blanket? (a) a want (b) a need

Answer key

  1. False
  2. step 7
  3. an unhelpful question
  4. video-call help
  5. True
  6. False
  7. no one can do it alone
  8. umbrellas and raincoats
  9. keep records and review
  10. a used-book swap
  11. medicine when ill
  12. step 1
  13. a fair way to compete
  14. he skipped testing
  15. True
  16. step 1
  17. a fruit-cup stall
  18. less risk of loss
  19. an employee
  20. plant-watering visits
  21. step 5
  22. a helpful question
  23. a shade-cloth project
  24. maths help for juniors
  25. bottle name stickers
  26. False
  27. starts a business
  28. True
  29. a fancy phone cover
  30. 44
  31. improve the recipe
  32. an unfair way
  33. a fair way to compete
  34. it is easier to focus
  35. True
  36. False
  37. an unfair way
  38. True
  39. a warm blanket
  40. a need

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