Explain Taylor's Point When He Says, "Activity, and Even Long

question 152

Essay

Explain Taylor's point when he says, "Activity, and even long, drawn out and repetitive activity, has a meaning if it has some significant culmination, some more or less lasting end that can be considered to have been the direction and purpose of the activity." Do you agree with Taylor? Explain your answer.

---

Definitions:

Market Value Per Share

The current price at which a single share of a company's stock is being traded in the market.

Book Value Per Share

Calculated as the total equity of a company divided by the number of outstanding shares, indicating the per-share value of a company's equity.