Management has to adapt itself to the changing environment. Which feature of management is discussed here?

Option 1 -> Intangible means management cannot be seen or touched; it refers to the invisible nature of management, not its adaptability.

Option 2 -> Pervasive means management is universal and required in all types of organizations, but doesn't relate to adaptation to change.

Option 3 -> Continuous means management is an ongoing process without end, but doesn't specifically address responding to environmental changes.

Option 4 -> Dynamic means management is flexible and must constantly adapt to changing business environment, economic conditions, technology, and social factors.

Hence, Option 4: Dynamic -> The dynamic nature of management emphasizes that there is no single best way to manage in all situations. Management principles and practices must be modified according to changes in the internal and external environment to ensure organizational effectiveness -> correct