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The obsolescence of the products contributes to increase the consumption of natural resources already subjected to strong pressures on a world scale.
In the book, chapter 2, "Urban Obsolescence," specifically discusses the idea that obsolescence can be, and has been, applied to entire neighborhoods.
Even if a company sees increases in its sales taxes, it might be possible to offset that cost with reductions in property taxes due to external obsolescence (also known as economic obsolescence).
The most commonly subscribed definitions of obsolescence are those related to job performance (Burack & Pati 1970, Dubin 1990, Harel & Cohen 1982, Reeser 1977, Kaufman 1974, Fossum et.
Obsolescence -- the process or condition by which a piece of equipment becomes no longer useful, or a form and function no longer current or available for production or repair.
Slade examines how obsolescence became a way of life in the United States.
In Protecting Your Library's Digital Sources: The Essential Guide to Planning and Preservation, Miriam Kahn makes a useful effort to address the third reason for the obsolescence of disaster plans--failure to update plans so that they deal with digital as well as more traditional media.
Functional obsolescence is a form of depreciation where the loss in value is due to factors inherent in the property itself and due to changes in design, or process resulting in inadequacy, over capacity, excess construction, lack of functional utility or excess operating costs.
The rate of change and subsequent obsolescence of high-capacity storage systems is now a strategic area of focus for suppliers and customers alike.
Often, however, taxpayers can prove that the FMV is lower than the amount I determined using the standard rates, by presenting to the assessor appropriate comparable sales data and details quantifying obsolescence for the subject property.