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What are the seven basic skills that are critical in supporting the goals of CRM?

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Final answer:

The seven basic skills critical in supporting the goals of CRM include Communicating, which is the sharing of information effectively; Understanding Civility, which ensures politeness in interactions; Cultural Competence, to engage with diverse customers; and Financial Literacy to manage CRM initiatives economically.

Step-by-step explanation:

Customer Relationship Management (CRM) is a strategy for managing an organization's relationships and interactions with customers and potential customers. A CRM system helps companies stay connected to customers, streamline processes, and improve profitability. There are seven basic skills critical in supporting the goals of CRM:

  1. Communicating: This involves the exchange of information between the company and its customers. Effective communication is essential for understanding customer needs and providing high-quality service.
  2. Understanding Civility: Civility refers to politeness and courtesy in behavior and speech. In CRM, it's vital for creating a positive customer experience and maintaining professional relationships.
  3. Cultural Competence: This skill reflects an understanding and appreciation of cultural differences, which is important in a global marketplace to effectively engage with customers from diverse backgrounds.
  4. Financial Literacy: An understanding of finance is necessary to manage the economic aspects of CRM, including budgeting for CRM initiatives and evaluating their financial effectiveness.

These skills support CRM goals by fostering trust, strengthening customer relationships, and ensuring that interactions are both respectful and productive.

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