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A Condition That Occurs When a Decision-Making Group Loses Sight

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A condition that occurs when a decision-making group loses sight of its original goal and a new, less important goal emerges is called goal displacement.


Definitions:

Mining Rights

Legal permissions granted to companies or individuals to extract minerals or other valuable materials from the earth.

Depletion Expense

An accounting concept used to allocate the cost associated with natural resource extraction over the period of their removal or sale.

Accumulated Depletion

The total value of natural resource extraction from a property, representing the reduction of the asset's value on the balance sheet over time.

Ore

A naturally occurring solid material from which a metal or valuable mineral can be extracted profitably.

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