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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 549 · 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.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) profit is guaranteed (b) someone else pays (c) money could be lost (d) nothing can go wrong
  2. 2.🔍 Which is the odd one out? (a) a third pair of shoes (b) a toy robot (c) designer sunglasses (d) drinking water
  3. 3.👔 Who does this — an entrepreneur or an employee? Someone who keeps the profit or loss. (a) an employee (b) an entrepreneur
  4. 4.Rohan asked 44 classmates about a card stall. 39 said they would buy. How many said they would not?
  5. 5.True or false: “Which flavour would you choose: lemon or mint?” is an unhelpful research question. (a) False (b) True
  6. 6.True or false: for video-call help, gardeners are the target customers. (a) True (b) False
  7. 7.True or false: someone who follows the owner’s plan — that is what an employee does. (a) True (b) False
  8. 8.True or false: “soap” is a want. (a) False (b) True
  9. 9.True or false: “sweets every day” is a want. (a) False (b) True
  10. 10.🚀 Starting a business: which comes first — think of an idea or improve from feedback? (a) think of an idea (b) improve from feedback
  11. 11.True or false: “a shade-cloth project” is a solution idea. (a) False (b) True
  12. 12.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) he made too few (b) he skipped testing (c) he asked too many (d) nothing at all
  13. 13.🔍 Which is the odd one out? (a) juniors find maths hard (b) no shade at the bus stop (c) no healthy snack nearby (d) a fruit-cup stall
  14. 14.❓ Before building anything, what should you ask? (a) who has this problem? (b) which colour is best? (c) how rich will I be? (d) what is the logo?
  15. 15.🚀 Starting a business: which comes first — do a quick survey or fix what people disliked? (a) do a quick survey (b) fix what people disliked
  16. 16.🔍 Three of these are for the same customers. Which is the odd one out? (a) seedlings in pots (b) homemade compost (c) dog-treat biscuits (d) plant name labels
  17. 17.🔁 Idea → test → launch: why this order? (a) less risk of loss (b) it looks nice (c) no reason (d) it is faster to lose
  18. 18.Which product is mainly for elderly people? (a) balloon animals (b) timetable bookmarks (c) pet-bowl cleaning (d) large-print calendars
  19. 19.🙋 Why is “You love my idea, right?” a poor research question? (a) it is too short (b) it has a question mark (c) it is too polite (d) it pushes for a yes
  20. 20.True or false: “staying curious” is a helpful habit for an entrepreneur. (a) True (b) False
  21. 21.Which of these is a want? (a) a video game (b) bus fare to school (c) a warm blanket (d) rice and dal
  22. 22.🚀 Which step of starting a business is this: keep records and review? (a) step 5 (b) step 7 (c) step 3 (d) step 6
  23. 23.Which of these is a clear unique selling point? (a) it has a price (b) personalised with names (c) we are open (d) it is a product
  24. 24.True or false: “Do you like things?” is an unhelpful research question. (a) False (b) True
  25. 25.True or false: “school shoes” is a need. (a) False (b) True
  26. 26.🚀 Which step of starting a business is this: count profit and learn? (a) step 4 (b) step 7 (c) step 5 (d) step 1
  27. 27.🎯 Who is the main target customer for seedlings in pots? (a) gardeners (b) young children (c) school students (d) pet owners
  28. 28.True or false: “You love my idea, right?” is a helpful research question. (a) True (b) False
  29. 29.🚀 Helpful or unhelpful for an entrepreneur: planning ahead? (a) a helpful habit (b) an unhelpful habit
  30. 30.True or false: “a warm blanket” is a want. (a) False (b) True
  31. 31.🔍 Three of these are for the same customers. Which is the odd one out? (a) seedlings in pots (b) puppet shows (c) homemade compost (d) plant name labels
  32. 32.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
  33. 33.Which of these is a need? (a) school shoes (b) a party dress (c) a bigger TV (d) sweets every day
  34. 34.True or false: “Do you agree my stall will be famous?” is an unhelpful research question. (a) False (b) True
  35. 35.Diya asked 20 people about a popcorn stall and 13 said yes. What percent said yes?
  36. 36.🎯 What should a good business idea solve? (a) a made-up problem (b) nothing at all (c) only the owner’s boredom (d) a real problem or need
  37. 37.True or false: “a fancy phone cover” is a need. (a) False (b) True
  38. 38.🏪 Fair or unfair way to compete: posting fake reviews? (a) a fair way to compete (b) an unfair way
  39. 39.Which of these is a helpful habit for an entrepreneur? (a) spending all the profit (b) giving up after one try (c) spotting problems (d) ignoring complaints
  40. 40.🚀 Starting a business: which comes first — brainstorm solutions or make a small test batch? (a) brainstorm solutions (b) make a small test batch

Answer key

  1. money could be lost
  2. drinking water
  3. an entrepreneur
  4. 5
  5. False
  6. False
  7. True
  8. False
  9. True
  10. think of an idea
  11. True
  12. he skipped testing
  13. a fruit-cup stall
  14. who has this problem?
  15. do a quick survey
  16. dog-treat biscuits
  17. less risk of loss
  18. large-print calendars
  19. it pushes for a yes
  20. True
  21. a video game
  22. step 7
  23. personalised with names
  24. True
  25. True
  26. step 7
  27. gardeners
  28. False
  29. a helpful habit
  30. False
  31. puppet shows
  32. people always need them
  33. school shoes
  34. True
  35. 65
  36. a real problem or need
  37. False
  38. an unfair way
  39. spotting problems
  40. brainstorm solutions

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids