You can do combat either real-time or turn-based, and switch during combat.
Unless you go back to MM5 and before, where everything was turn-based. No more than three monsters attacking at a time... unless they had ranged attacks... 
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*B*
Save Early, Save Often Save Before, Save After
Two-Star General, Spelling Soldiers
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Give 'em a hug one more time. It might be the last.
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