**Core Concept**
Cell death, or apoptosis and necrosis, is a complex biological process involving distinct morphological and biochemical changes. **Apoptosis** is a programmed cell death characterized by a series of highly regulated cellular changes, while **necrosis** is an unprogrammed cell death resulting from cellular injury or trauma.

**Why the Correct Answer is Right**
Chromatin condensation is a hallmark of both apoptosis and necrosis. **During apoptosis**, chromatin condensation is a result of the activation of caspases, which cleave and modify various cellular proteins, leading to the characteristic morphological changes. **In necrosis**, chromatin condensation occurs due to the loss of cellular integrity and the subsequent uncontrolled influx of ions and water, causing cellular swelling and eventual rupture. Chromatin condensation is a key feature of both apoptotic and necrotic cell death, allowing for the identification of these processes under the microscope.

**Why Each Wrong Option is Incorrect**
**Option A:** Cell shrinkage is a feature of apoptosis, not a common change associated with both apoptosis and necrosis. While cells undergoing apoptosis may exhibit shrinkage, this is not a characteristic of necrosis.

**Option B:** Bleb formation is a feature of apoptosis, particularly in the later stages of the process. However, it is not a common change associated with both apoptosis and necrosis.

**Option D:** Presence of inflammation is a feature of necrosis, but not a common change associated with apoptosis. Apoptosis is characterized by the absence of inflammation, as the process is tightly regulated and does not trigger an immune response.

**Clinical Pearl / High-Yield Fact**
It is essential to distinguish between apoptosis and necrosis, as these processes have different clinical implications. Apoptosis is a normal process in development and tissue homeostasis, while necrosis is often a result of cellular injury or disease.

**✓ Correct Answer: C. Chromatin condensation**