Question:

Identify the characteristic of Management from the statement.
“An organization interacts with its external environment which consists of various social, economic, and political factors. In order to be successful, an organization must change itself and its goals according to the need of the environment.”

Updated On: Nov 2, 2024
  • Management is a continuous process.
  • Management is an intangible force.
  • Management is a dynamic function.
  • Management is multi-dimensional.
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The Correct Option is C

Solution and Explanation

Management must adapt to various external social, political, and economic changes. Organizations adjust goals/processes to fit environmental needs.
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