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Determining the management skills

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Reference no: EM133025383

The once mighty retailer Toys R Us , which has struggled to keep up with changing trends in consumer behavior and childhood play, told a U.S. bankruptcy court on Thursday that it must liquidate its operations, meaning the likely closure of hundreds of stores.

Analyse the extract above and discuss the management skills necessary for a turnaround as well as the additional challenges experienced by managers in business environments.

Reference no: EM133025383

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