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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 401 · 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: “Which flavour would you choose: lemon or mint?” is an unhelpful research question. (a) True (b) False
  2. 2.True or false: “rice and dal” is a want. (a) True (b) False
  3. 3.True or false: someone who keeps the profit or loss — that is what an entrepreneur does. (a) True (b) False
  4. 4.🔎 Is this a problem or a solution idea: “a shade-cloth project”? (a) a problem (b) a solution idea
  5. 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. 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. 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. 8.True or false: “skipping the planning” is a helpful habit for an entrepreneur. (a) False (b) True
  9. 9.True or false: “a toy robot” is a need. (a) True (b) False
  10. 10.🚀 Starting a business: which comes first — brainstorm solutions or do a quick survey? (a) brainstorm solutions (b) do a quick survey
  11. 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. 12.💰 Profit is… (a) the price of one item (b) money you borrow (c) all money from sales (d) money left after costs
  13. 13.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
  14. 14.🚀 Helpful or unhelpful for an entrepreneur: giving up after one try? (a) an unhelpful habit (b) a helpful habit
  15. 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. 16.🔎 Is this a problem or a solution idea: “a fruit-cup stall”? (a) a solution idea (b) a problem
  17. 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. 18.🛒 Need or want: a party dress? (a) a need (b) a want
  19. 19.True or false: for cloth toys for cats, pet owners are the target customers. (a) False (b) True
  20. 20.📋 Helpful or unhelpful research question: “Do you like things?” (a) an unhelpful question (b) a helpful question
  21. 21.⭐ Is this a clear unique selling point (USP): “free name tags”? (a) not a USP (b) a clear USP
  22. 22.True or false: for balloon animals, pet owners are the target customers. (a) True (b) False
  23. 23.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) designer sunglasses (d) a party dress
  24. 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. 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. 26.True or false: “we sell things” is a clear unique selling point. (a) True (b) False
  27. 27.🔎 Is this a problem or a solution idea: “phone help for elders”? (a) a solution idea (b) a problem
  28. 28.True or false: someone who is paid by the owner — that is what an employee does. (a) True (b) False
  29. 29.True or false: “saving for the business” is a helpful habit for an entrepreneur. (a) True (b) False
  30. 30.True or false: “school shoes” is a want. (a) False (b) True
  31. 31.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) school shoes (d) designer sunglasses
  32. 32.🚀 Helpful or unhelpful for an entrepreneur: asking customers? (a) an unhelpful habit (b) a helpful habit
  33. 33.True or false: “medicine when ill” is a want. (a) False (b) True
  34. 34.True or false: someone who works for an employer — that is what an employee does. (a) False (b) True
  35. 35.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
  36. 36.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  37. 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. 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. 39.🔎 Is this a problem or a solution idea: “juniors find maths hard”? (a) a solution idea (b) a problem
  40. 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

  1. False
  2. False
  3. True
  4. a solution idea
  5. exam revision cards
  6. copying a rival’s logo
  7. trying small first
  8. False
  9. False
  10. brainstorm solutions
  11. fix what people disliked
  12. money left after costs
  13. a want
  14. an unhelpful habit
  15. balloon animals
  16. a solution idea
  17. we must have to live
  18. a want
  19. True
  20. an unhelpful question
  21. a clear USP
  22. False
  23. medicine when ill
  24. step 5
  25. think of an idea
  26. False
  27. a solution idea
  28. True
  29. True
  30. False
  31. school shoes
  32. a helpful habit
  33. False
  34. True
  35. a need: food
  36. a clear USP
  37. spot a problem
  38. a new flavour
  39. a problem
  40. improve from feedback

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