There are five elements of physical fitness: cardiorespiratory endurance, muscular strength, muscular endurance, flexibility, and body composition. Various exercises target different elements - aerobic exercises like jogging and swimming improve cardiorespiratory endurance, while anaerobic exercises like weight lifting build muscular strength and endurance. Tests can evaluate each element, and engaging in a range of aerobic, anaerobic, and stretching exercises overall improves physical fitness.