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Entrepreneurship for Kids Worksheet: Part 1 Test

Entrepreneurship lesson 8: Part 1 test: ideas and customers · Set 96 · 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.📋 What is market research? (a) asking what buyers want (b) making a logo (c) printing posters (d) counting your money
  2. 2.🙋 Why is “You love my idea, right?” a poor research question? (a) it has a question mark (b) it is too polite (c) it is too short (d) it pushes for a yes
  3. 3.Which of these is an unhelpful habit for an entrepreneur? (a) spotting problems (b) staying curious (c) learning from mistakes (d) giving up after one try
  4. 4.Which product is mainly for school students? (a) balloon animals (b) homemade compost (c) seedlings in pots (d) notebook covering
  5. 5.Which of these is a fair way to compete? (a) copying a rival’s logo (b) lying about a rival (c) breaking their sign (d) friendlier service
  6. 6.True or false: “maths help for juniors” is a problem people have. (a) False (b) True
  7. 7.🛒 Need or want: a school uniform? (a) a need (b) a want
  8. 8.Which of these is a problem people have? (a) bottle name stickers (b) a fruit-cup stall (c) a plant-watering service (d) pets alone all day
  9. 9.True or false: “a warm blanket” is a need. (a) False (b) True
  10. 10.True or false: for colouring sheets, pet owners are the target customers. (a) True (b) False
  11. 11.True or false: for timetable bookmarks, gardeners are the target customers. (a) False (b) True
  12. 12.⚖️ 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
  13. 13.🔍 Which is the odd one out? (a) copying a rival exactly (b) spotting problems (c) never asking anyone (d) giving up after one try
  14. 14.🔍 Which is the odd one out? (a) a sugar-free recipe (b) it has a price (c) we have a table (d) we sell things
  15. 15.🚀 Which step of starting a business is this: see what bugs people? (a) step 1 (b) step 6 (c) step 2 (d) step 4
  16. 16.📊 After the launch, what should you keep doing? (a) stop counting (b) keep records and review (c) ignore customers (d) hide your costs
  17. 17.🔍 Which is the odd one out? (a) a sticker album (b) a warm blanket (c) a party dress (d) a video game
  18. 18.Which of these is a helpful habit for an entrepreneur? (a) blaming others (b) never asking anyone (c) spending all the profit (d) working with a team
  19. 19.🔍 Which is the odd one out? (a) made from waste paper (b) delivered to your door (c) ready in five minutes (d) we sell things
  20. 20.Which of these is a clear unique selling point? (a) we sell things (b) it is a product (c) made from waste paper (d) we are open
  21. 21.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) soap (d) a video game
  22. 22.Which of these is a want? (a) a fancy phone cover (b) drinking water (c) a school uniform (d) notebooks for school
  23. 23.Which product is mainly for pet owners? (a) balloon animals (b) seedlings in pots (c) large-print calendars (d) cloth toys for cats
  24. 24.Riya asked 54 classmates about a bookmark stall. 41 said they would buy. How many said they would not?
  25. 25.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
  26. 26.Which of these is a need? (a) a roof over your head (b) a toy robot (c) a party dress (d) a fancy phone cover
  27. 27.Which of these is a helpful habit for an entrepreneur? (a) skipping the planning (b) saving for the business (c) breaking promises (d) giving up after one try
  28. 28.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) medicine when ill (d) a party dress
  29. 29.🔎 Is this a problem or a solution idea: “water bottles get lost”? (a) a solution idea (b) a problem
  30. 30.🔎 Is this a problem or a solution idea: “old books thrown away”? (a) a solution idea (b) a problem
  31. 31.True or false: “phone help for elders” is a solution idea. (a) True (b) False
  32. 32.True or false: “a glitter pen set” is a need. (a) False (b) True
  33. 33.💰 Profit is… (a) the price of one item (b) money you borrow (c) all money from sales (d) money left after costs
  34. 34.🚀 Which step of starting a business is this: make a small test batch? (a) step 1 (b) step 3 (c) step 6 (d) step 4
  35. 35.🚀 Starting a business: which comes first — ask possible customers or try out a sample? (a) ask possible customers (b) try out a sample
  36. 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
  37. 37.🧪 Why make a small test batch before a big launch? (a) to learn cheaply (b) to waste money (c) it is a rule (d) to look busy
  38. 38.True or false: “bottle name stickers” is a problem people have. (a) False (b) True
  39. 39.🔍 Which is the odd one out? (a) never asking anyone (b) planning ahead (c) spotting problems (d) staying curious
  40. 40.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) sweets every day (d) a roof over your head

Answer key

  1. asking what buyers want
  2. it pushes for a yes
  3. giving up after one try
  4. notebook covering
  5. friendlier service
  6. False
  7. a need
  8. pets alone all day
  9. True
  10. False
  11. False
  12. money could be lost
  13. spotting problems
  14. a sugar-free recipe
  15. step 1
  16. keep records and review
  17. a warm blanket
  18. working with a team
  19. we sell things
  20. made from waste paper
  21. soap
  22. a fancy phone cover
  23. cloth toys for cats
  24. 13
  25. umbrellas and raincoats
  26. a roof over your head
  27. saving for the business
  28. a party dress
  29. a problem
  30. a problem
  31. True
  32. False
  33. money left after costs
  34. step 4
  35. ask possible customers
  36. a want
  37. to learn cheaply
  38. False
  39. never asking anyone
  40. a roof over your head

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