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Ideally, a company will have a clear differentiation strategy, because commodity products cannot be sustained as a competitive advantage.
Residual Value
The anticipated residual value of an asset when it reaches the end of its functionality period.
Estimated Value
A valuation measure based on an appraisal, cost, or pricing models to determine the likely selling price or value of an asset.
Fixed Asset
An asset with long-term use or value, such as land, buildings, and machinery, typically not easily converted into cash within a year.
Appraisal Value
The estimated money value of a property, as determined by a qualified appraiser.
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