Your company specialises in fashionable clothing and accessories. Your company faces significant challenges with declining profit margins. Upon closer examination, the issue is caused by an increase in the Cost of Goods Sold (COGS). Your company sources its products from a variety of suppliers, both domestically and internationally. Unfortunately, rising raw material costs, increased transportation expenses, and changes in trade policies have led to a significant surge in the cost of goods sold. As a result, the company's profit margins have been squeezed, impacting its bottom line. Based on the scenario:-

1. Describe with an example three types of managerial skills in an organization.