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 keeps the profit or loss — that is what an employee does. (a) True (b) False
- 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.📋 Helpful or unhelpful research question: “Do you like things?” (a) an unhelpful question (b) a helpful question
- 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.True or false: “Isn’t my lemonade the best ever?” is an unhelpful research question. (a) True (b) False
- 6.True or false: “pets alone all day” is a solution idea. (a) False (b) True
- 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.☔ 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.📊 After the launch, what should you keep doing? (a) ignore customers (b) hide your costs (c) stop counting (d) keep records and review
- 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.🔍 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.🚀 Which step of starting a business is this: spot a problem? (a) step 2 (b) step 3 (c) step 7 (d) step 1
- 13.🏪 Fair or unfair way to compete: a new flavour? (a) a fair way to compete (b) an unfair way
- 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.True or false: “a bigger TV” is a want. (a) True (b) False
- 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.🍎 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.🔁 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.👔 Who does this — an entrepreneur or an employee? Someone who is paid by the owner. (a) an entrepreneur (b) an employee
- 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.🚀 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.📋 Helpful or unhelpful research question: “What time of day do you get hungry?” (a) an unhelpful question (b) a helpful question
- 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.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.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.True or false: “we are open” is a clear unique selling point. (a) True (b) False
- 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.True or false: someone who works for an employer — that is what an employee does. (a) False (b) True
- 29.Which of these is a want? (a) rice and dal (b) a school uniform (c) a fancy phone cover (d) drinking water
- 30.Dev asked 50 classmates about a lemonade stall. 6 said they would buy. How many said they would not?
- 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.🏪 Fair or unfair way to compete: spreading rumours? (a) a fair way to compete (b) an unfair way
- 33.🏪 Fair or unfair way to compete: a fair, lower price? (a) a fair way to compete (b) an unfair way
- 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.True or false: for notebook covering, school students are the target customers. (a) True (b) False
- 36.True or false: “a pet-sitting service” is a problem people have. (a) True (b) False
- 37.🏪 Fair or unfair way to compete: grabbing their spot? (a) a fair way to compete (b) an unfair way
- 38.True or false: someone who starts a new business — that is what an entrepreneur does. (a) False (b) True
- 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.🛒 Need or want: a warm blanket? (a) a want (b) a need
Answer key
- False
- step 7
- an unhelpful question
- video-call help
- True
- False
- no one can do it alone
- umbrellas and raincoats
- keep records and review
- a used-book swap
- medicine when ill
- step 1
- a fair way to compete
- he skipped testing
- True
- step 1
- a fruit-cup stall
- less risk of loss
- an employee
- plant-watering visits
- step 5
- a helpful question
- a shade-cloth project
- maths help for juniors
- bottle name stickers
- False
- starts a business
- True
- a fancy phone cover
- 44
- improve the recipe
- an unfair way
- a fair way to compete
- it is easier to focus
- True
- False
- an unfair way
- True
- a warm blanket
- a need
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids