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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 697 · 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.🛒 Need or want: a bigger TV? (a) a need (b) a want
  2. 2.🏪 Fair or unfair way to compete: a new flavour? (a) a fair way to compete (b) an unfair way
  3. 3.📝 When should you do market research? (a) never (b) before you spend money (c) after you close (d) only on holidays
  4. 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. 5.🛒 Need or want: designer sunglasses? (a) a need (b) a want
  6. 6.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) a glitter pen set (d) sweets every day
  7. 7.True or false: “a fruit-cup stall” is a problem people have. (a) False (b) True
  8. 8.📋 Helpful or unhelpful research question: “Would you buy this at the school fair?” (a) an unhelpful question (b) a helpful question
  9. 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. 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. 11.⭐ Is this a clear unique selling point (USP): “a sugar-free recipe”? (a) a clear USP (b) not a USP
  12. 12.🎯 Who is the main target customer for balloon animals? (a) pet owners (b) gardeners (c) school students (d) young children
  13. 13.🔍 Which is the odd one out? (a) never asking anyone (b) giving up after one try (c) ignoring complaints (d) keeping promises
  14. 14.📋 Helpful or unhelpful research question: “Do you like things?” (a) an unhelpful question (b) a helpful question
  15. 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. 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. 17.🎯 Who is the main target customer for large-print calendars? (a) gardeners (b) elderly people (c) pet owners (d) school students
  18. 18.👔 Who does this — an entrepreneur or an employee? Someone who takes the business risk. (a) an entrepreneur (b) an employee
  19. 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. 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. 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. 22.True or false: “a warm blanket” is a want. (a) True (b) False
  23. 23.Which of these is a need? (a) a video game (b) a fancy phone cover (c) drinking water (d) a toy robot
  24. 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. 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. 26.🔎 Is this a problem or a solution idea: “juniors find maths hard”? (a) a solution idea (b) a problem
  27. 27.🔎 Is this a problem or a solution idea: “a plant-watering service”? (a) a solution idea (b) a problem
  28. 28.Arjun asked 44 classmates about maths help for juniors. 27 said they would buy. How many said they would not?
  29. 29.📋 Helpful or unhelpful research question: “Isn’t my lemonade the best ever?” (a) an unhelpful question (b) a helpful question
  30. 30.🛒 Need or want: a toy robot? (a) a want (b) a need
  31. 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. 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. 33.⭐ Is this a clear unique selling point (USP): “personalised with names”? (a) a clear USP (b) not a USP
  34. 34.🛒 Need or want: a video game? (a) a want (b) a need
  35. 35.🚀 Starting a business: which comes first — spot a problem or ask possible customers? (a) spot a problem (b) ask possible customers
  36. 36.Which product is mainly for gardeners? (a) notebook covering (b) plant name labels (c) timetable bookmarks (d) colouring sheets
  37. 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. 38.📋 What is market research? (a) printing posters (b) asking what buyers want (c) counting your money (d) making a logo
  39. 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. 40.True or false: someone who keeps the profit or loss — that is what an entrepreneur does. (a) False (b) True

Answer key

  1. a want
  2. a fair way to compete
  3. before you spend money
  4. a fancy phone cover
  5. a want
  6. soap
  7. False
  8. a helpful question
  9. a fancy phone cover
  10. water bottles get lost
  11. a clear USP
  12. young children
  13. keeping promises
  14. an unhelpful question
  15. he skipped testing
  16. a glitter pen set
  17. elderly people
  18. an entrepreneur
  19. people always need them
  20. no one can do it alone
  21. money could be lost
  22. False
  23. drinking water
  24. step 6
  25. the needs
  26. a problem
  27. a solution idea
  28. 17
  29. an unhelpful question
  30. a want
  31. a real problem or need
  32. make a small test batch
  33. a clear USP
  34. a want
  35. spot a problem
  36. plant name labels
  37. hot drinks
  38. asking what buyers want
  39. step 4
  40. True

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