Entrepreneurship for Kids Worksheet: Part 1 Test
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.🛒 Need or want: a bigger TV? (a) a need (b) a want
- 2.🏪 Fair or unfair way to compete: a new flavour? (a) a fair way to compete (b) an unfair way
- 3.📝 When should you do market research? (a) never (b) before you spend money (c) after you close (d) only on holidays
- 4.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a warm blanket (d) a fancy phone cover
- 5.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 6.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) a glitter pen set (d) sweets every day
- 7.True or false: “a fruit-cup stall” is a problem people have. (a) False (b) True
- 8.📋 Helpful or unhelpful research question: “Would you buy this at the school fair?” (a) an unhelpful question (b) a helpful question
- 9.Which of these is a want? (a) a school uniform (b) a fancy phone cover (c) rice and dal (d) a warm blanket
- 10.Which of these is a problem people have? (a) water bottles get lost (b) maths help for juniors (c) a fruit-cup stall (d) a used-book swap stall
- 11.⭐ Is this a clear unique selling point (USP): “a sugar-free recipe”? (a) a clear USP (b) not a USP
- 12.🎯 Who is the main target customer for balloon animals? (a) pet owners (b) gardeners (c) school students (d) young children
- 13.🔍 Which is the odd one out? (a) never asking anyone (b) giving up after one try (c) ignoring complaints (d) keeping promises
- 14.📋 Helpful or unhelpful research question: “Do you like things?” (a) an unhelpful question (b) a helpful question
- 15.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) he made too few (b) he asked too many (c) he skipped testing (d) nothing at all
- 16.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) a glitter pen set (d) drinking water
- 17.🎯 Who is the main target customer for large-print calendars? (a) gardeners (b) elderly people (c) pet owners (d) school students
- 18.👔 Who does this — an entrepreneur or an employee? Someone who takes the business risk. (a) an entrepreneur (b) an employee
- 19.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
- 20.🤝 Why do entrepreneurs work with other people? (a) to take their money (b) no one can do it alone (c) to make them work free (d) they never do
- 21.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) nothing can go wrong (b) someone else pays (c) profit is guaranteed (d) money could be lost
- 22.True or false: “a warm blanket” is a want. (a) True (b) False
- 23.Which of these is a need? (a) a video game (b) a fancy phone cover (c) drinking water (d) a toy robot
- 24.🚀 Which step of starting a business is this: open the stall for all? (a) step 1 (b) step 4 (c) step 6 (d) step 2
- 25.🛒 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
- 26.🔎 Is this a problem or a solution idea: “juniors find maths hard”? (a) a solution idea (b) a problem
- 27.🔎 Is this a problem or a solution idea: “a plant-watering service”? (a) a solution idea (b) a problem
- 28.Arjun asked 44 classmates about maths help for juniors. 27 said they would buy. How many said they would not?
- 29.📋 Helpful or unhelpful research question: “Isn’t my lemonade the best ever?” (a) an unhelpful question (b) a helpful question
- 30.🛒 Need or want: a toy robot? (a) a want (b) a need
- 31.🎯 What should a good business idea solve? (a) only the owner’s boredom (b) nothing at all (c) a made-up problem (d) a real problem or need
- 32.🚀 Starting a business: which comes first — keep records and review or make a small test batch? (a) keep records and review (b) make a small test batch
- 33.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
- 34.🛒 Need or want: a video game? (a) a want (b) a need
- 35.🚀 Starting a business: which comes first — spot a problem or ask possible customers? (a) spot a problem (b) ask possible customers
- 36.Which product is mainly for gardeners? (a) notebook covering (b) plant name labels (c) timetable bookmarks (d) colouring sheets
- 37.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
- 38.📋 What is market research? (a) printing posters (b) asking what buyers want (c) counting your money (d) making a logo
- 39.🚀 Which step of starting a business is this: try out a sample? (a) step 4 (b) step 6 (c) step 1 (d) step 3
- 40.True or false: someone who keeps the profit or loss — that is what an entrepreneur does. (a) False (b) True
Answer key
- a want
- a fair way to compete
- before you spend money
- a fancy phone cover
- a want
- soap
- False
- a helpful question
- a fancy phone cover
- water bottles get lost
- a clear USP
- young children
- keeping promises
- an unhelpful question
- he skipped testing
- a glitter pen set
- elderly people
- an entrepreneur
- people always need them
- no one can do it alone
- money could be lost
- False
- drinking water
- step 6
- the needs
- a problem
- a solution idea
- 17
- an unhelpful question
- a want
- a real problem or need
- make a small test batch
- a clear USP
- a want
- spot a problem
- plant name labels
- hot drinks
- asking what buyers want
- step 4
- True
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids