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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 498 · 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.⭐ Is this a clear unique selling point (USP): “it is a product”? (a) not a USP (b) a clear USP
  2. 2.🧪 Why make a small test batch before a big launch? (a) to waste money (b) it is a rule (c) to learn cheaply (d) to look busy
  3. 3.🔎 Is this a problem or a solution idea: “a used-book swap stall”? (a) a problem (b) a solution idea
  4. 4.🧭 Why not try to sell to everyone? (a) it is illegal (b) it is easier to focus (c) focus is a waste (d) everyone buys anyway
  5. 5.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) soap (d) designer sunglasses
  6. 6.Which of these is a want? (a) sweets every day (b) a roof over your head (c) drinking water (d) medicine when ill
  7. 7.👔 Who does this — an entrepreneur or an employee? Someone who gets a fixed salary. (a) an entrepreneur (b) an employee
  8. 8.🔍 Which is the odd one out? (a) water bottles get lost (b) juniors find maths hard (c) no shade at the bus stop (d) a pet-sitting service
  9. 9.True or false: “no shade at the bus stop” is a solution idea. (a) False (b) True
  10. 10.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) bus fare to school (d) a party dress
  11. 11.🚀 Starting a business: which comes first — keep records and review or fix what people disliked? (a) keep records and review (b) fix what people disliked
  12. 12.🎯 Who is the main target customer for plant name labels? (a) gardeners (b) elderly people (c) pet owners (d) young children
  13. 13.🔍 Three of these are for the same customers. Which is the odd one out? (a) colouring sheets (b) balloon animals (c) exam revision cards (d) puppet shows
  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.📋 What is market research? (a) counting your money (b) printing posters (c) asking what buyers want (d) making a logo
  16. 16.🚀 Helpful or unhelpful for an entrepreneur: giving up after one try? (a) a helpful habit (b) an unhelpful habit
  17. 17.📋 Helpful or unhelpful research question: “What did you eat on your birthday last year?” (a) an unhelpful question (b) a helpful question
  18. 18.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) profit is guaranteed (b) nothing can go wrong (c) someone else pays (d) money could be lost
  19. 19.👔 Who does this — an entrepreneur or an employee? Someone who keeps the profit or loss. (a) an entrepreneur (b) an employee
  20. 20.🎯 Who is the main target customer for exam revision cards? (a) young children (b) pet owners (c) gardeners (d) school students
  21. 21.📊 A rival sells chai at ₹10. Why should you know this? (a) to copy their sign (b) to complain (c) to set a fair price (d) to close them down
  22. 22.Which of these is a solution idea? (a) elders find phones hard (b) water bottles get lost (c) no shade at the bus stop (d) a fruit-cup stall
  23. 23.True or false: someone who is paid by the owner — that is what an entrepreneur does. (a) True (b) False
  24. 24.True or false: “saving for the business” is an unhelpful habit for an entrepreneur. (a) False (b) True
  25. 25.True or false: for puppet shows, elderly people are the target customers. (a) False (b) True
  26. 26.📋 Helpful or unhelpful research question: “What do you dislike about the snacks now?” (a) an unhelpful question (b) a helpful question
  27. 27.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
  28. 28.🚀 Which step of starting a business is this: launch the business? (a) step 3 (b) step 6 (c) step 4 (d) step 7
  29. 29.True or false: for puppet shows, young children are the target customers. (a) True (b) False
  30. 30.True or false: “notebooks for school” is a want. (a) False (b) True
  31. 31.🎯 Who is the main target customer for timetable bookmarks? (a) young children (b) school students (c) elderly people (d) gardeners
  32. 32.🛒 Need or want: notebooks for school? (a) a need (b) a want
  33. 33.🔍 Which is the odd one out? (a) a cleaner stall (b) friendlier service (c) better quality (d) breaking their sign
  34. 34.🔍 Which is the odd one out? (a) we have a table (b) we sell things (c) it is a product (d) personalised with names
  35. 35.🏪 Fair or unfair way to compete: faster service? (a) a fair way to compete (b) an unfair way
  36. 36.Which of these is an unhelpful habit for an entrepreneur? (a) working with a team (b) spotting problems (c) ignoring complaints (d) asking customers
  37. 37.Which of these is a clear unique selling point? (a) ready in five minutes (b) we are open (c) it has a price (d) same as every stall
  38. 38.True or false: “skipping the planning” is a helpful habit for an entrepreneur. (a) True (b) False
  39. 39.🔍 Three of these are for the same customers. Which is the odd one out? (a) exam revision cards (b) timetable bookmarks (c) notebook covering (d) balloon animals
  40. 40.🎪 Your stall is at a school fair. Who are most of the visitors? (a) airline pilots (b) students and parents (c) farmers (d) tourists

Answer key

  1. not a USP
  2. to learn cheaply
  3. a solution idea
  4. it is easier to focus
  5. soap
  6. sweets every day
  7. an employee
  8. a pet-sitting service
  9. False
  10. bus fare to school
  11. fix what people disliked
  12. gardeners
  13. exam revision cards
  14. he skipped testing
  15. asking what buyers want
  16. an unhelpful habit
  17. an unhelpful question
  18. money could be lost
  19. an entrepreneur
  20. school students
  21. to set a fair price
  22. a fruit-cup stall
  23. False
  24. False
  25. False
  26. a helpful question
  27. the needs
  28. step 6
  29. True
  30. False
  31. school students
  32. a need
  33. breaking their sign
  34. personalised with names
  35. a fair way to compete
  36. ignoring complaints
  37. ready in five minutes
  38. False
  39. balloon animals
  40. students and parents

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