Language/Norwegian-bokmal/Vocabulary/Economic-and-business-language

Norwegian Bokmål → Vocabulary → 0 to A1 Course → Economic and business language

Welcome to the lesson on Norwegian Bokmål Vocabulary related to Economic and Business Language! This topic is crucial for anyone who wishes to navigate the professional landscape in Norway or engage in business discussions in Norwegian. Understanding economic terms will empower you to communicate effectively in various business settings, from negotiations to networking events.

In this lesson, we will explore essential vocabulary that will help you build a solid foundation in the language of business. We will delve into key terms, phrases, and expressions that are commonly used in the Norwegian business world.

Here’s what we’ll cover:

• An introduction to economic and business vocabulary

• A comprehensive list of 20 important terms, complete with pronunciation and translation

• Practice exercises to solidify your understanding

Let’s get started!

Introduction to Economic and Business Vocabulary

Economic and business vocabulary is a vital component of learning Norwegian Bokmål, especially for those interested in working in Norway or engaging with Norwegian companies. As the economy is intertwined with everyday life, knowing how to discuss economic concepts can enhance both your professional and personal interactions.

This lesson focuses on vocabulary that is relevant for beginners, ensuring you become familiar with the terms that will be of utmost importance as you progress in your language learning journey.

Key Vocabulary

Now, let’s dive into some essential vocabulary. Below is a table featuring 20 key terms used in Norwegian business language.

Norwegian Bokmål	Pronunciation	English
bedrift	ˈbeːdrɪft	company
økonomi	økəˈnʊːmi	economy
inntekt	ˈintɛkt	income
utgift	ˈʉtɪft	expense
investering	ɪnvɛsteˈʁiːŋ	investment
marked	ˈmɑːrkɛd	market
salg	sɑːlg	sales
fortjeneste	fɔʁˈtʃɛnɛstə	profit
tap	tɑːp	loss
kontrakt	kʊnˈtʁakt	contract
forhandling	fɔˈhɑːnliŋ	negotiation
tjeneste	ˈt͡jɛːnɛstə	service
kunde	ˈkʉndə	customer
leverandør	ˈleːvɛʁɑnˌdʊːɾ	supplier
prosjekt	pʁoˈʃɛkt	project
arbeidskraft	ˈɑːʁbeɪ̯sˌkʁɑft	workforce
lønn	lœn	salary
skatt	skɑt	tax
budsjet	bʉʃˈjɛt	budget
regnskap	ˈreːŋskaːp	accounting

These terms form the backbone of business communication in Norwegian. As you familiarize yourself with them, practice their pronunciation and try to use them in sentences.

Practice Exercises

Now that you have been introduced to the vocabulary, let’s put your knowledge into action with some exercises!

Exercise 1: Match the Terms

Match the Norwegian term with its English translation:

1. bedrift

2. inntekt

3. marked

4. fortjeneste

5. skatt

Answers:

1. company

2. income

3. market

4. profit

5. tax

Exercise 2: Fill in the Blanks

Complete the sentences with the appropriate vocabulary word from the list below.

• investering

• kunde

• utgift

• forhandling

• prosjekt

1. Vi har et nytt __________ som skal lanseres neste måned.

2. Det er viktig å ha gode __________ for å gjøre en god avtale.

3. En __________ i teknologi kan gi høy avkastning.

4. Hver __________ må rapporteres i regnskapet.

5. Hver __________ bør bli behandlet med respekt.

Answers:

1. prosjekt

2. forhandling

3. investering

4. utgift

5. kunde

Exercise 3: Translation Practice

Translate the following sentences into Norwegian Bokmål using the vocabulary you have learned.

1. The company had a significant profit last year.

2. We need to negotiate the contract carefully.

3. The budget for this project is limited.

Answers:

1. Bedriften hadde en betydelig fortjeneste i fjor.

2. Vi må forhandle kontrakten nøye.

3. Budsjettet for dette prosjektet er begrenset.

Exercise 4: True or False

Decide whether the statements are true or false based on what you have learned.

1. "Skatt" means "profit."

2. "Kunde" refers to a customer.

3. "Regnskap" is related to accounting.

Answers:

1. False

2. True

3. True

Exercise 5: Create Your Own Sentences

Using at least five vocabulary words from the list, write three sentences related to business or economics.

Example Answers:

1. Bedriften vår har økt inntektene, men utgiftene har også steget.

2. Vi må forhandle med leverandøren om prisen.

3. Lønnene i vårt selskap er konkurransedyktige i markedet.

Exercise 6: Vocabulary Quiz

Choose the correct term to complete each sentence.

1. For å forstå økonomien, må vi se på vår __________.

a) utgift

b) fortjeneste

2. Jeg jobber med et __________ om bærekraftig utvikling.

a) prosjekt

b) marked

Answers:

1. a) utgift

2. a) prosjekt

Exercise 7: Role Play

In pairs, simulate a business meeting where you discuss profits and expenses using at least 5 vocabulary words.

Example Vocabulary to Use:

• fortjeneste

• utgift

• kunde

• kontrakt

• investering

Exercise 8: Group Discussion

Discuss in groups the impact of taxes on businesses in Norway. Use the vocabulary you have learned to express your opinions.

Exercise 9: Listening Comprehension

Listen to a short audio clip about a business meeting in Norwegian and identify any of the vocabulary words used. Write them down and translate them.

Exercise 10: Crossword Puzzle

Create a simple crossword puzzle using the vocabulary from this lesson.

Congratulations on completing this lesson! By familiarizing yourself with these economic and business terms in Norwegian Bokmål, you've taken an important step toward fluency and effective communication in a professional context. Remember to keep practicing, and soon you’ll find yourself confidently navigating the world of Norwegian business language.

Table of Contents - Norwegian Bokmål Course - 0 to A1

• Course Presentation

  ---

Introduction to Norwegian Bokmål

• Alphabet and Pronunciation
• Basic Sentence Structure

  ---

Greetings and Introductions

• Basic Greetings
• Introducing Yourself

  ---

Nouns and Pronouns

• Gender and Definite Articles
• Personal Pronouns

  ---

Numbers and Time

• Numbers 1-100
• Telling Time

  ---

Verbs and Tenses

• Present Tense
• Past Tense

  ---

Daily Activities

• Daily Routine
• Hobbies and Interests

  ---

Adjectives and Adverbs

• Adjective Agreement
• Comparatives and Superlatives

  ---

Food and Drink

• Common Foods
• Eating Out

  ---

Prepositions and Conjunctions

• Common Prepositions
• Coordinating Conjunctions

  ---

Travel and Transportation

• Modes of Transportation
• Asking for Directions

  ---

Questions and Negation

• Question Words
• Negation

  ---

Family and Relationships

• Family Members
• Expressing Emotions

  ---

Norwegian Customs and Traditions

• Holidays and Celebrations
• Etiquette and Social Norms

Other Lessons

• Valentines Day
• Family and relationships
• Legal terminology
• Asking Directions
• Vegetables
• Count to 10
• Food and eating
• Food
• How to say Good Bye?
• Fruits