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You Have a Meeting with Three Other Researchers for the Purpose

question 465

Multiple Choice

You have a meeting with three other researchers for the purpose of deciding how to operationalize (i.e. measure) happiness. You are unsure what the best approach is but the other three people each have very strong, and differing, opinions. The third researcher is of the opinion all that matters is whether whatever you choose has strong predictive relationships with the outcome measures that we expect to be associated with happiness (e.g. health, prosperity, etc.) .


Definitions:

Tangible Values

Values that can be quantified or measured, often related to physical assets or financial performance.

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, ensuring accountability and fairness to stakeholders.

Ethics

A branch of philosophy that deals with questions about what is morally right and wrong, good and bad, fair and unfair.

Social Responsibility

The concept that businesses should balance profit-making activities with activities that benefit society; it involves developing businesses with a positive relationship to the society in which they operate.

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