Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 641 · 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.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
2. 2.Which of these is a clear unique selling point? (a) we sell things (b) free name tags (c) it has a price (d) same as every stall
3. 3.⭐ Is this a clear unique selling point (USP): “ready in five minutes”? (a) a clear USP (b) not a USP
4. 4.Which product is mainly for school students? (a) cloth toys for cats (b) newspaper reading aloud (c) notebook covering (d) homemade compost
5. 5.🔎 Is this a problem or a solution idea: “phone help for elders”? (a) a problem (b) a solution idea
6. 6.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) rice and dal (d) a fancy phone cover
7. 7.🏪 What is a competitor? (a) a rival seller (b) your teammate (c) a supplier (d) a customer
8. 8.🚀 Starting a business: which comes first — ask possible customers or make a small test batch? (a) ask possible customers (b) make a small test batch
9. 9.🔍 Three of these are for the same customers. Which is the odd one out? (a) dog-treat biscuits (b) pet-bowl cleaning (c) cloth toys for cats (d) colouring sheets
10. 10.True or false: for homemade compost, gardeners are the target customers. (a) True (b) False
11. 11.Which of these is a problem people have? (a) maths help for juniors (b) no healthy snack nearby (c) a fruit-cup stall (d) bottle name stickers
12. 12.📝 When should you do market research? (a) before you spend money (b) never (c) after you close (d) only on holidays
13. 13.🔍 Which is the odd one out? (a) trying small first (b) ignoring complaints (c) spotting problems (d) saving for the business
14. 14.True or false: “a pet-sitting service” is a problem people have. (a) False (b) True
15. 15.🔍 Three of these are for the same customers. Which is the odd one out? (a) timetable bookmarks (b) exam revision cards (c) newspaper reading aloud (d) notebook covering
16. 16.🎯 Who is the main target customer for newspaper reading aloud? (a) elderly people (b) pet owners (c) young children (d) school students
17. 17.Which of these is a want? (a) school shoes (b) a toy robot (c) bus fare to school (d) a warm blanket
18. 18.🧪 Why make a small test batch before a big launch? (a) to waste money (b) to learn cheaply (c) to look busy (d) it is a rule
19. 19.True or false: “My idea is great, isn’t it?” is an unhelpful research question. (a) False (b) True
20. 20.🏪 Fair or unfair way to compete: grabbing their spot? (a) a fair way to compete (b) an unfair way
21. 21.🚀 Starting a business: which comes first — keep records and review or do a quick survey? (a) keep records and review (b) do a quick survey
22. 22.🔎 Is this a problem or a solution idea: “elders find phones hard”? (a) a solution idea (b) a problem
23. 23.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) nothing can go wrong (b) profit is guaranteed (c) someone else pays (d) money could be lost
24. 24.🚀 Starting a business: which comes first — brainstorm solutions or ask possible customers? (a) brainstorm solutions (b) ask possible customers
25. 25.🚀 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
26. 26.📋 Helpful or unhelpful research question: “My idea is great, isn’t it?” (a) a helpful question (b) an unhelpful question
27. 27.True or false: “rice and dal” is a need. (a) True (b) False
28. 28.📍 Where should a plant stall look for customers? (a) at a swimming pool (b) inside a cinema (c) near homes with gardens (d) on a train roof
29. 29.True or false: “a school uniform” is a want. (a) False (b) True
30. 30.🚀 Which step of starting a business is this: fix what people disliked? (a) step 7 (b) step 6 (c) step 2 (d) step 5
31. 31.True or false: “notebooks for school” is a want. (a) False (b) True
32. 32.Which of these is a fair way to compete? (a) posting fake reviews (b) spreading rumours (c) faster service (d) lying about a rival
33. 33.🗣️ Testers say your cupcakes are too sweet. What is the next step? (a) launch it as it is (b) stop listening (c) raise the price (d) improve the recipe
34. 34.💰 Profit is… (a) all money from sales (b) money left after costs (c) money you borrow (d) the price of one item
35. 35.Which of these is an unhelpful habit for an entrepreneur? (a) staying curious (b) trying small first (c) keeping promises (d) copying a rival exactly
36. 36.🛒 Need or want: a video game? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) spending all the profit (b) copying a rival exactly (c) giving up after one try (d) staying curious
38. 38.🔎 Is this a problem or a solution idea: “water bottles get lost”? (a) a problem (b) a solution idea
39. 39.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) he asked too many (b) nothing at all (c) he made too few (d) he skipped testing
40. 40.Which of these is a clear unique selling point? (a) ready in five minutes (b) it is a product (c) we sell things (d) it has a price

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