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: “Which flavour would you choose: lemon or mint?” is an unhelpful research question. (a) True (b) False
- 2.True or false: “rice and dal” is a want. (a) True (b) False
- 3.True or false: someone who keeps the profit or loss — that is what an entrepreneur does. (a) True (b) False
- 4.🔎 Is this a problem or a solution idea: “a shade-cloth project”? (a) a problem (b) a solution idea
- 5.🔍 Three of these are for the same customers. Which is the odd one out? (a) pet-bowl cleaning (b) cloth toys for cats (c) dog-treat biscuits (d) exam revision cards
- 6.Which of these is an unfair way to compete? (a) friendlier service (b) better quality (c) faster service (d) copying a rival’s logo
- 7.Which of these is a helpful habit for an entrepreneur? (a) giving up after one try (b) trying small first (c) skipping the planning (d) copying a rival exactly
- 8.True or false: “skipping the planning” is a helpful habit for an entrepreneur. (a) False (b) True
- 9.True or false: “a toy robot” is a need. (a) True (b) False
- 10.🚀 Starting a business: which comes first — brainstorm solutions or do a quick survey? (a) brainstorm solutions (b) do a quick survey
- 11.🚀 Starting a business: which comes first — fix what people disliked or count profit and learn? (a) fix what people disliked (b) count profit and learn
- 12.💰 Profit is… (a) the price of one item (b) money you borrow (c) all money from sales (d) money left after costs
- 13.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 14.🚀 Helpful or unhelpful for an entrepreneur: giving up after one try? (a) an unhelpful habit (b) a helpful habit
- 15.🔍 Three of these are for the same customers. Which is the odd one out? (a) balloon animals (b) video-call help (c) newspaper reading aloud (d) large-print calendars
- 16.🔎 Is this a problem or a solution idea: “a fruit-cup stall”? (a) a solution idea (b) a problem
- 17.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
- 18.🛒 Need or want: a party dress? (a) a need (b) a want
- 19.True or false: for cloth toys for cats, pet owners are the target customers. (a) False (b) True
- 20.📋 Helpful or unhelpful research question: “Do you like things?” (a) an unhelpful question (b) a helpful question
- 21.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) not a USP (b) a clear USP
- 22.True or false: for balloon animals, pet owners are the target customers. (a) True (b) False
- 23.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) designer sunglasses (d) a party dress
- 24.🚀 Which step of starting a business is this: improve from feedback? (a) step 6 (b) step 4 (c) step 3 (d) step 5
- 25.🚀 Starting a business: which comes first — think of an idea or keep records and review? (a) think of an idea (b) keep records and review
- 26.True or false: “we sell things” is a clear unique selling point. (a) True (b) False
- 27.🔎 Is this a problem or a solution idea: “phone help for elders”? (a) a solution idea (b) a problem
- 28.True or false: someone who is paid by the owner — that is what an employee does. (a) True (b) False
- 29.True or false: “saving for the business” is a helpful habit for an entrepreneur. (a) True (b) False
- 30.True or false: “school shoes” is a want. (a) False (b) True
- 31.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) school shoes (d) designer sunglasses
- 32.🚀 Helpful or unhelpful for an entrepreneur: asking customers? (a) an unhelpful habit (b) a helpful habit
- 33.True or false: “medicine when ill” is a want. (a) False (b) True
- 34.True or false: someone who works for an employer — that is what an employee does. (a) False (b) True
- 35.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
- 36.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
- 37.🚀 Starting a business: which comes first — spot a problem or open the stall for all? (a) spot a problem (b) open the stall for all
- 38.🔍 Which is the odd one out? (a) grabbing their spot (b) lying about a rival (c) a new flavour (d) breaking their sign
- 39.🔎 Is this a problem or a solution idea: “juniors find maths hard”? (a) a solution idea (b) a problem
- 40.🚀 Starting a business: which comes first — count profit and learn or improve from feedback? (a) count profit and learn (b) improve from feedback
Answer key
- False
- False
- True
- a solution idea
- exam revision cards
- copying a rival’s logo
- trying small first
- False
- False
- brainstorm solutions
- fix what people disliked
- money left after costs
- a want
- an unhelpful habit
- balloon animals
- a solution idea
- we must have to live
- a want
- True
- an unhelpful question
- a clear USP
- False
- medicine when ill
- step 5
- think of an idea
- False
- a solution idea
- True
- True
- False
- school shoes
- a helpful habit
- False
- True
- a need: food
- a clear USP
- spot a problem
- a new flavour
- a problem
- improve from feedback
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids