[Q30-Q51] Get up-to-date Real Exam Questions for 700-805 UPDATED [2023]

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Get up-to-date Real Exam Questions for 700-805 UPDATED [2023]

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NO.30 Which area of the success plan is the renewal manager responsible?

Solution renewal

Barriers predicted

Success plan hypothesis

Adoption barriers overcome

NO.31 Which three financial metrics are critical in renewing subscriptions? (Choose three.)

net new sales

annual re curing revenue

close rate

training costs

renewal rate

NO.32 How does Cisco define Business Critical Services?

subscription-based services covering the lifecycle of a technology

Pay-as-you-go, services covering business-critical functions

hardware replacement

Pay-as-you-go, technology-based services

NO.33 How does Cisco define ATR?

Contracts/subscriptions that have attrition terms revoked.

ATR is the sum of RP ad iarr , minus the attrition rate.

Any customer agreement where attrition has been an issue.

Contracts/subscriptions that are available to renew.

NO.34 Which two actions can a partner or customer perform within CCW-R? (Choose two.)

View and manage their contracts

Change Customer Address

Set up billing

Order new services

Download hardware, software and services datasheets

NO.35 Who do renewals managers (rms) work with?

Rms work with account managers to drive ongoing revenue risk assessments and plays.

Rms work by themselves to develop a high level view customer requirements and objectives.

Rms work with pre-sales engineers and build customer solutions.

Rms work with service delivery teams and monitor engagements.

NO.36 Which statement best describes an Accelerator?

A one-on-one coaching engagement covering specific use cases

A hosted on-to-many educational webinar with live expert Q and A

A one-on-one deep dive on network issues

An on-call service for customer support

NO.37 Which product addresses network segmentation issues and is omprised of viptela and Meraki products?

Cloud services

Tetration

SD-WAN

Security applications

NO.38 Which statement is the most accurate description of the Health Index?

A measurement tool for resolving secific product quality issues and adoption barriers

An ongoing measurement of customer sentiment

A tool for service providers to determine what stage of the lifecycle to offering training solutions

An ongoing measurement of several key customer health indicators

NO.39 Which statement best describes an Ask the Expert session?

A pre-recorded webinar from an expert

A hosted educational webinar with live expert Q and A

A 24-7 phone line providing expert advice

A one on one coaching engagement covering specific use cases

NO.40 What is the main purpose of CCW-R?

to factor customer ATR, up sell and attrition

to allow customers and partners to download renewal data

to allow customers and partner store new software subscriptions and service contracts from one tool

to capture partner and customer bill ng preferences

NO.41 Which is the first step in a solutions-led sales approach?

present quote to customer

examine previous purchases

identify the latest technology release

understand the customer’s objectives

NO.42 Which licensing model is the most complex for a customer to manage?

Managed service agreement

Subscription

Enterprise agreement

A La Carte

NO.43 What is the primary measurement of success for a Renewals Manager?

upsell percentage

percentage of contracts closed

renewal success rate

iARR rate

NO.44 What is the main purpose of CCW-R?

To allow customers and partners to download renewal data

To factor customer ATR,upsell and attrition

To capture partner and customer billing preferences

To allow customers and partners to renew software subscriptions and service contracts from one tool

NO.45 Which task should a Renewals Manager perform during the Prospect phase?

Risk Assessment

Terms negotiation

Review new opportunities

Risk mitigation

NO.46 Which statement regarding which tools can be added as value to customer and partners is invalid?

Adoption scores which provide insight into how well customers are utilizing service and software they purchase

Trusted Data Source for Hardware Refresh and Software renewal insights

Help manage Discounts for Quoting

Gain insight into new and unique business prospects for your customers and expand sales potential

NO.47 Which group of products are enterprise networking products?

WAN, LAN, Wireless

Routing, Switching, Access Points

iWAN, Viptela, Meraki

Salesforce, Box, AWS

NO.48 Which task is the responsibility of the Renewals Manager?

billing recurring revenue contracts

managing recurring revenue risk

driving adoption of specific technologies

managing the Success Plan

NO.49 Which statement best describes an Accelerator?

An on-call service for customer support

A one-on-one deep dive on network issues

A one-on-one coaching engagement covering specific use cases

A hosted one-to-many educational webinar with live expert Q and A

NO.50 Which task should a Renewals Manager perform during the Prospect phase?

Risk Assessment

Risk Mitigation

Review new opportunities

Terms negotiation

NO.51 Which strategy contributes to the successful renewal of service contracts?

Offer discounts.

Lock in revenue streams through co-termination.

Communicate product performance, pricing, and position.

Discount multi-year service agreements.

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Cisco 700-805 certification exam is designed for professionals who are involved in the management of Cisco product renewals. Cisco Renewals Manager certification validates the skills and knowledge required to effectively manage the entire renewal process of Cisco products, including software, services, and subscriptions. Cisco Renewals Manager certification exam focuses on various aspects of renewals management, such as understanding customer needs, preparing quotes, managing contracts, and handling customer inquiries.

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[Q30-Q51] Get up-to-date Real Exam Questions for 700-805 UPDATED [2023]

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