Keeping in view the changes in consumer demands and preferences, 'Tastemaker Bakery’ has reduced the sugar and fat content in its products. This approach of business shows that management is________.
A dynamic function
Answer (c) A dynamic function
Explanation: The executives and management need to make changes in their goals, objectives, targets, and different business activities as indicated by changes occurring in the environment. The macro-environment, for example, social, legal, political, economic, and technological changes, has an incredible impact on management.