"Management has to adapt itself to the changing environment." Identify the feature of Management.

Management is a dynamic function

The correct answer is Option (2) → Management is a dynamic function

* Management is Intangible- Management is an intangible force that cannot be seen but its presence can be felt in the way the organisation functions. The effect of management is noticeable in an organisation where targets are met according to plans, employees are happy and satisfied, and there is orderliness instead of chaos.

* Management is a dynamic function: Management is a dynamic function and has to adapt itself to the changing environment. An organisation interacts with its external environment which consists of various social, economic and political factors. In order to be successful, an organisation must change itself and its goals according to the needs of the environment. You probably know that McDonalds, the fast food giant made major changes in its menu to be able to survive in the Indian market

* Management is continuous process- The process of management is a series of continuous, composite, but separate functions (planning, organising, directing, staffing and controlling). These functions are simultaneously performed by all managers all the time.

* Management is multidimensional: Management is a complex activity that has three main dimensions. These are:

1. Management of work
2. Management of people
3. Management of operations