Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 501 · 40 questions

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.

1. 1.🛒 Need or want: school shoes? (a) a want (b) a need
2. 2.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) profit is guaranteed (b) nothing can go wrong (c) money could be lost (d) someone else pays
3. 3.🤝 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
4. 4.📋 What is market research? (a) making a logo (b) asking what buyers want (c) counting your money (d) printing posters
5. 5.❓ Before building anything, what should you ask? (a) what is the logo? (b) who has this problem? (c) how rich will I be? (d) which colour is best?
6. 6.Which of these is a problem people have? (a) phone help for elders (b) juniors find maths hard (c) a used-book swap stall (d) a plant-watering service
7. 7.⭐ Is this a clear unique selling point (USP): “it has a price”? (a) not a USP (b) a clear USP
8. 8.True or false: “delivered to your door” is not a unique selling point. (a) True (b) False
9. 9.🏪 Fair or unfair way to compete: better quality? (a) an unfair way (b) a fair way to compete
10. 10.True or false: “trying small first” is an unhelpful habit for an entrepreneur. (a) True (b) False
11. 11.True or false: “drinking water” is a want. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) medicine when ill (d) a school uniform
13. 13.🚀 Starting a business: which comes first — open the stall for all or improve from feedback? (a) open the stall for all (b) improve from feedback
14. 14.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a sticker album (d) sweets every day
15. 15.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) a clear USP (b) not a USP
16. 16.👔 Who does this — an entrepreneur or an employee? Someone who starts a new business. (a) an entrepreneur (b) an employee
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
18. 18.True or false: “juniors find maths hard” is a problem people have. (a) True (b) False
19. 19.🚀 Which step of starting a business is this: think of an idea? (a) step 6 (b) step 1 (c) step 4 (d) step 2
20. 20.📊 A rival sells chai at ₹10. Why should you know this? (a) to close them down (b) to complain (c) to set a fair price (d) to copy their sign
21. 21.🚀 Starting a business: which comes first — try out a sample or do a quick survey? (a) try out a sample (b) do a quick survey
22. 22.Which of these is a helpful habit for an entrepreneur? (a) asking customers (b) copying a rival exactly (c) blaming others (d) ignoring complaints
23. 23.Which of these is a helpful habit for an entrepreneur? (a) giving up after one try (b) never asking anyone (c) breaking promises (d) keeping promises
24. 24.⭐ Is this a clear unique selling point (USP): “same as every stall”? (a) a clear USP (b) not a USP
25. 25.🧪 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
26. 26.Which product is mainly for pet owners? (a) plant name labels (b) video-call help (c) cloth toys for cats (d) newspaper reading aloud
27. 27.🛒 Need or want: drinking water? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) spending all the profit (b) ignoring complaints (c) working with a team (d) never asking anyone
29. 29.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) notebooks for school (d) a fancy phone cover
30. 30.🚀 Starting a business: which comes first — open the stall for all or think of an idea? (a) open the stall for all (b) think of an idea
31. 31.True or false: “Do you agree my stall will be famous?” is an unhelpful research question. (a) False (b) True
32. 32.📋 Helpful or unhelpful research question: “How much would you pay for one?” (a) a helpful question (b) an unhelpful question
33. 33.🧭 Why not try to sell to everyone? (a) it is illegal (b) focus is a waste (c) it is easier to focus (d) everyone buys anyway
34. 34.🍎 Kids have no healthy snack near school. Which idea helps? (a) a fruit-cup stall (b) a sticker stall (c) a comic swap (d) a fried chips stall
35. 35.🚀 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
36. 36.Which of these is a helpful habit for an entrepreneur? (a) breaking promises (b) being honest (c) skipping the planning (d) never asking anyone
37. 37.True or false: “What did you eat on your birthday last year?” is an unhelpful research question. (a) False (b) True
38. 38.True or false: someone who keeps the profit or loss — that is what an employee does. (a) True (b) False
39. 39.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a video game (d) school shoes
40. 40.🔍 Which is the odd one out? (a) trying small first (b) saving for the business (c) spotting problems (d) spending all the profit

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