Cisco 700-805 Exam Dumps - PDF Questions and Testing Engine
Latest 700-805 Exam Dumps for Pass Guaranteed
Cisco Renewals Manager certification exam, also known as the 700-805 exam, is designed for professionals who want to demonstrate their expertise in managing Cisco product renewals. 700-805 exam is intended for individuals who work in sales, business development, or customer success roles, and who are responsible for managing the renewals of Cisco products and services. 700-805 exam covers a wide range of topics related to Cisco products and services, including licensing, software renewals, and subscription management.
Cisco 700-805 exam, also known as the Cisco Renewals Manager exam, is a certification program that enables IT professionals to demonstrate their skills and knowledge in managing and renewing Cisco contracts. Cisco Renewals Manager certification is designed for individuals who are responsible for managing Cisco contracts and ensuring that they are renewed in a timely and efficient manner. The Cisco 700-805 exam is a comprehensive assessment of an individual's ability to manage Cisco contracts and renewals successfully.
To prepare for the Cisco 700-805 exam, candidates can take advantage of the various resources available. Cisco offers training courses, study materials, and practice exams to help candidates prepare for the exam. Candidates can also take advantage of online forums and study groups to discuss the exam and share tips and tricks.
NEW QUESTION # 29
Which action can a Renewals Manager take to drive value in the account?
- A. Manage and mitigate renewal risk.
- B. Def ne the account forecast.
- C. Removing adopt on barriers.
- D. Align partners on training.
Answer: A
NEW QUESTION # 30
What support should an RM take from the CSM?
- A. Oversee the closure of contracts.
- B. Book customer-service briefings.
- C. Communicate value and the impact of Cisco solutions.
- D. Communicate new greenfield opportunities.
Answer: C
NEW QUESTION # 31
What support should an RM take from the CSM?
- A. Book customer-service briefings
- B. Communicate new green field opportunities
- C. Communicate value and the impact of Cisco solutions
- D. Oversee the closure of contracts
Answer: A
NEW QUESTION # 32
How does Cisco define AT R?
- A. Contracts/subscriptions that are available to renew.
- B. ATR is the sum of RR and iARR, minus the attrition rate.
- C. Any customer agreement where attrition has been an issue.
- D. Contracts/subscriptions that have attrition terms revoked.
Answer: A
NEW QUESTION # 33
Which statement best describes the success plan?
- A. The blueprint for account teams to achieve customer success
- B. A tool for reporting actions to management
- C. A shareable document that captures all account activities
- D. A document capturing a comprehensive view of all customer health scores
Answer: D
NEW QUESTION # 34
Which case represents a risk of renewal where a mitigation analysis will help obtain a more desired outcome?
- A. Customer is willing to subscribe to a recommendation case to be publicly communicated.
- B. The health index of a customer is over expected targets with no red flags.
- C. The adoption rate is 50% under the expected level and the plan is six months before the expiration date.
- D. There are no open incidents 30 days before renewal dates.
Answer: C
NEW QUESTION # 35
Which is the first step in a solutions-led sales approach?
- A. identify the latest technology release
- B. understand the customer's objectives
- C. examine previous purchases
- D. present quote to customer
Answer: B
NEW QUESTION # 36
Which services are contained in the CX portfolio?
- A. Support Services, Business Critical Services, Professional Services and Managed Services
- B. Support Services, Business Critical Services and Professional Services
- C. Support Services and Business Critical Services
- D. Support Services, Business Critical Services, Professional Services, Managed Services, and Learning Services
Answer: D
NEW QUESTION # 37
An important Cisco customer has a large number of individual licenses for Cisco One in Enterprise Networking and engages many Webex users.
The customer has expressed the intention to grow both groups and needs a compelling and simplified proposal.
Which Cisco offer represents the best value for the customer?
- A. Propose to migrate to perpetual model.
- B. Prepare a Partner Branded Managed Service deal.
- C. Suggest a simplified discount DSA with the total of licenses from each product Cisco One and Webex.
- D. Ask Cisco team to engage into a Smart Account or Enterprise Agreement annd propose a creation of a Customer Success Plan.
Answer: D
NEW QUESTION # 38
Which two factors drive subscription value for customers? (Choose two)
- A. up to date security protection
- B. training access
- C. freeware offers
- D. bundling of software and hardware
- E. continuous access to innovation
Answer: A,E
NEW QUESTION # 39
Which steps to develop a renewal quote are valid?
- A. Indentify the barriers to adoption,Ensure the customers is using the solution,Work with the Account Manager to create a Quote.
- B. Identify the Items to renew,Verify the Discounts,Confirm the Shipping address,Verify the Billing entity.
- C. Ask the customer for Renewal data,Evaluate new requirement,Quote new services.
- D. Position the new technology,create a Quote,Order the Quote.
Answer: A
NEW QUESTION # 40
How does Cisco define Business Critical Services?
- A. Pay-as-you-go, technology-based services
- B. subscription-based services covering the lifecycle of a technology
- C. hardware replacement
- D. Pay-as-you-go, services covering business-critical functions
Answer: D
NEW QUESTION # 41
How does Cisco define ATR?
- A. Contracts/subscriptions that are available to renew.
- B. ATR is the sum of RP ad iarr , minus the attrition rate.
- C. Any customer agreement where attrition has been an issue.
- D. Contracts/subscriptions that have attrition terms revoked.
Answer: A
NEW QUESTION # 42
Which statement is the most accurate description of the Health Index?
- A. a measurement tool for resolving specific product quality issues and adoption barriers
- B. a tool for service providers to determine what stage of the lifecycle to offering training solutions
- C. an ongoing measurement of customer sentiment
- D. an ongoing measurement of several key customer health indicators
Answer: D
NEW QUESTION # 43
Which product addresses network segment a in issues and is comprised of Viptela and Meraki products?
- A. Cloud services
- B. Tetration
- C. Security applications
- D. SD-WAN
Answer: D
NEW QUESTION # 44
Which action should a Renewals Manager take first?
- A. Meet the customer and perform a renewals diagnosis
- B. Download contract data and develop a renewals strategy
- C. Assign an RS to priority accounts
- D. Meet and confirm the AM, CSS, CSM and their resources
Answer: B
NEW QUESTION # 45
Customer A purchased a one-year webex contract of 100 seats at $10 per seat. Customer B purchases a three-year webex contract of 100 seats at $10 per seat. What is the annual recurring revenue(ARR) for each?
- A. $3000 and $3000
- B. $1000 and $1000
- C. $1100 and $3300
- D. $1000 and $3000
Answer: B
NEW QUESTION # 46
Which critical task must be performed during the qualification phase?
- A. Renewal plan development
- B. Quote delivery
- C. Validate customer inventory
- D. Develop a success plan
Answer: D
NEW QUESTION # 47
What does iarr measure?
- A. Our ability to internally align renewable resources
- B. Our ability to expand upon existing customer value
- C. Our ability to increase renewal rates through pricing controls
- D. Our ability to monitor product utilization,and financial growth collectively
Answer: B
NEW QUESTION # 48
Who do Renewals Managers (RMs) work with?
- A. RMs work with account managers to drive ongoing revenue risk assessments and plays.
- B. RMs work with service delivery teams and monitor engagements.
- C. RMs work with pre-sales engineers and build customer solutions.
- D. RMs work by themselves to develop a high level view customer requirements and objectives.
Answer: B
NEW QUESTION # 49
Which discussion point helps up sell a customer?
- A. Focus on how much it will cost the customer.
- B. Discuss your prior ties and why you need the sale.
- C. Discuss changes in the network and identify any uncovered additions to the network.
- D. Focus on what the customer already has covered on the network.
Answer: C
NEW QUESTION # 50
......
Reliable Cisco Specialist 700-805 Dumps PDF Oct 09, 2023 Recently Updated Questions: https://www.certkingdompdf.com/700-805-latest-certkingdom-dumps.html
Pass Your Cisco 700-805 Exam with Correct 50 Questions and Answers: https://drive.google.com/open?id=1DGN7EzJFuorY0GIiJTw56Cg7YKETZrPY