Vital signs are measurements of basic body functions like temperature, pulse, blood pressure, and respiratory rate. Taking vital signs involves measuring body temperature, pulse rate, and blood pressure to evaluate a person's basic physiological status. Normal ranges vary by age but body temperature is typically around 37°C, pulse is 60-100 bpm for adults, blood pressure below 120/80 mmHg, and respiratory rate is 12-20 breaths per minute for adults.