Business Definition Quality Of Life
Quality of life is the well being of individuals communities and societies.
Business definition quality of life. Quality of work life qwl is a fact that an individual s life can t be compartmentalised and any disturbance on the personal front will affect his her professional life and vice versa. The level of happiness and satisfaction of an organization s employees with their work. Improve your vocabulary with english vocabulary in use from cambridge. It is a comprehensive measure that can be used to evaluate efforts to improve cities and nations.
Qi involves weeding out what is not working properly and either improving it or getting rid of it. It measures non financial aspects of a job that might lead to worker happiness or unhappiness. Market business news the latest business news. In economic development the concept of quality of life includes a complex balance of indicators from jobs and education to healthcare and housing.
A high quality of life is generally recognized as a sign that a community is thriving. It is widely used as a measure of governments institutions systems and environments. The following are examples of things that impact quality of life. Some common quality of life factors includes free time.
Any business that can t manage the quality of its processes and products tends to fall apart. Who defines quality of life as an individual s perception of their position in life in the context of the culture and value systems in which they live and in relation to their goals expectations standards and concerns. Want to learn more. A good work life balance is also what motivates an employee the most to perform well at his or job and also spend quality time with the family.
It is all about their standard of happiness comfort and health that they experience. It includes arts and culture and infrastructure. Quality is critical to sales cost control productivity risk management and compliance. But quality of life is more complicated than that.
Quality of life is the self reported sense of well being reported by people in a particular nation area culture socioeconomic group or demographic. Quality of life is a work related concept. Quality of life refers to how well people live. Quality is what quality does.
As important as quality is there s little agreement as to its definition. Crime and taxes count too.