What is the difference between well-being, life satisfaction and happiness? Illustrate with some examples.
Question:
What is the difference between well-being, life satisfaction and happiness? Illustrate with some examples.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Wellbeing Life Satisfaction and Happiness Understanding the Differences Wellbeing is a broad concept that encompasses various aspects of an individuals life including physical health mental health social relationships and overall quality of life It refers to the state of being comfortable healthy and happy Wellbeing is often seen as a holistic measure of ones overall welfare and contentment Life satisfaction on the other hand is more focused on cognitive evaluations of ones life as a whole It involves a persons judgment or appraisal of their life circumstances and whether they meet their expectations or desires Life satisfaction is often measured by asking individuals to rate their overall satisfaction with life on a scale Happiness is a subjective emotional state characterized by feelings of joy contentment and fulfillment It is more transient and can fluctuate based on daily experiences and events Happiness is often linked to positive emotions and a sense of wellbeing but is more immediate and tied to specific moments of pleasure or satisfaction Illustrative Examples Wellbeing Imagine a person who exercises regularly eats nutritious food maintains strong social connections and engages in activities that bring them joy and fulfillment This individual ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
the creation of transactions deposits by bank lending is known as? justify with some examples
-
"I'm not sure we should lay out $300,000 for that automated welding machine," said Jim Alder, president of the Superior Equipment Company. "That's a lot of money, and it would cost us $84,000 for...
-
can someone solve this Modern workstations typically have memory systems that incorporate two or three levels of caching. Explain why they are designed like this. [4 marks] In order to investigate...
-
Jogger 1 is travelling east at 6 . 5 m / s and has a mass of 8 2 kg . Jogger 2 is travelling north at 5 . 8 m / s and has a mass of 5 4 . 5 kg . One of the joggers has their head down and doesnt see...
-
Company B, which has offices in six states, owns an airplane that company executives use to travel from office to office. When the plane is not in use, it is stored in a hangar located in a...
-
Ethylene (C2H4) at 100C and 1 bar passes through a heater and emerges at 200C. Calculate the change in exthalpy per mole of ethylene that passes through. You may assume ideal gas behavior. The...
-
4. The Clark Company owns a foreign subsidiary that had net income for the year ended December 31, 2016, of 4,800,000 local currency units, which was appropriately translated into $800,000. On...
-
The Brownsville plant of Buckman Company produces an industrial chemical. At the beginning of the year, the Brownsville plant had the following standard cost sheet: Direct materials (10 lbs. @ $1.60)...
-
accounting questions 1 The formula for computing an indirect cost rate has the cost in the numerator and the volume of the cost driver or allocation base in the denominator. Select one: O True O...
-
Outline the key elements of Heckmans human capital accumulation model. What are the pros and cons of this approach relative to standard, non-behavioural models of capital accumulation? Discuss the...
-
What policies could be implemented to control financial instability emerging from behavioural factors and socio-psychological influences? What are the pros and cons of these types of policies...
-
Norsums Department Store sells gift certificates that are redeemable in merchandise. During 2011, Norsums sold gift certificates for $88,000. Merchandise with the total price of $52,000 was redeemed...
-
The curved rod has a diameter \(d\). Determine the vertical displacement of end \(B\) of the rod. The rod is made of material having a modulus of elasticity of \(E\). Consider only bending strain...
-
If the inertial measurement system were written in C++ according to the design fragment described in Chapter 5, describe the testing strategy you would use. If possible, try to design some test cases.
-
Determine the displacement at point \(C\) of the W14 \(\times 26\) beam made from A992 steel. 8 kip A -5 ft 5 ft. B C -5 ft 5 ft- 8 kip D
-
The beam is subjected to the loading shown. Determine the slope at \(B\) and displacement at \(C\). \(E I\) is constant. Ta Mo C b B
-
A mass, connected to a damper as shown in Fig. 14.30, is subjected to a force \(F(t)\). Find the frequency-response function \(H(\omega)\) for the velocity of the mass. m F(t) y(1) FIGURE 14.30...
-
Think of a topic you know well (e.g., a sport, a hobby, or an academic subject). Write an email to a colleague who is also an expert on the subject. Include at least six jargon terms that flow easily...
-
"Standard-cost procedures are particularly applicable to process-costing situations." Do you agree? Why?
-
First, graphically illustrate a doubling of income without price changes in the indifference curve model. Next, on the same graph, show a situation in which the person whose indifference curves you...
-
Distinguish between explicit and implicit costs, giving examples of each. What are some explicit and implicit costs of attending college? Why does the economist classify normal profit as a cost? Is...
-
Which of the following are short-run and which are long-run adjustments? a. Wendys builds a new restaurant. b. Harley-Davidson Corporation hires 200 more production workers. c. A farmer increases the...
-
An estimated 84 percent of enterprises now use cloud computing solutions involving multiple clouds, whereas less than 10 percent of large organizations employ just a single public cloud. Group of...
-
XYZ inc. was involved in a tax dispute with the national tax authority. The companys legal counsel estimates that there is a 75% likelihood that the company will lose the dispute and that the amount...
-
3 . Accounting.. How does depreciation impact financial statements, and what are the different methods of depreciation?
Study smarter with the SolutionInn App