You have been told that each department's budget is to be cut by 6 percent for the next fiscal quarter. Top management stated this was the fairest approach, given declining sales

Top management is using a compromising approach to resolve potential conflicts.
Indicate whether the statement is true or false.

Answer: TRUE
Explanation: This is a compromise, which is an attempt to obtain partial satisfaction for both parties. Here, all departments are taking a budget cut, which satisfies no one, but spreads the burden.