2023 Latest 700-805 Exam Dumps Recently Updated 50 Questions
Cisco 700-805 Real 2023 Braindumps Mock Exam Dumps
The Cisco Renewals Manager certification exam (700-805) is designed for IT professionals who want to demonstrate their expertise in managing and renewing Cisco products and services. The exam covers a range of topics, including Cisco software and hardware products, licensing models, and contract management. The certification is ideal for those who work with Cisco products and services on a daily basis and want to enhance their skills in managing renewals and contracts.
To become a Cisco Renewals Manager, candidates must pass the 700-805 exam, which covers a range of topics related to Cisco contract management and renewal. These topics include understanding Cisco's licensing models, identifying customer needs and opportunities, managing contract renewals, and negotiating contract terms. The exam also tests candidates' knowledge of Cisco's sales tools, processes, and best practices for managing customer relationships and driving revenue growth.
NEW QUESTION # 21
Which service offering helps define the customer's IT vision and strategy?
- A. Support
- B. Advisory
- C. Optimization
- D. Training
Answer: B
NEW QUESTION # 22
Which task is the responsibility of the renewals manager?
- A. Billing recurring revenue contracts
- B. Driving adoption of specific technologies
- C. Managing recurring revenue risk
- D. Managing the success plan
Answer: C
NEW QUESTION # 23
What is the main purpose of CCW-R?
- A. to factor customer ATR, up sell and attrition
- B. to capture partner and customer bill ng preferences
- C. to allow customers and partners to download renewal data
- D. to allow customers and partner store new software subscriptions and service contracts from one tool
Answer: D
NEW QUESTION # 24
Which product addresses network segment a in issues and is comprised of Viptela and Meraki products?
- A. Security applications
- B. Cloud services
- C. SD-WAN
- D. Tetration
Answer: C
NEW QUESTION # 25
Which task should a Renewals Manager perform during the Prospect phase?
- A. Risk Mitigation
- B. Risk Assessment
- C. Terms negotiation
- D. Review new opportunities
Answer: D
NEW QUESTION # 26
Which licensing model is the most complex for a customer to manage?
- A. Managed service agreement
- B. A La Carte
- C. Subscription
- D. Enterprise agreement
Answer: A
NEW QUESTION # 27
Which services are contained in the CX portfolio?
- A. Support Services and Business Critical Services
- B. Support Services, Business Critical Services, Professional Services and Managed Services
- C. Support Services, Business Critical Services, Professional Services, Managed Services, and Learning Services
- D. Support Services, Business Critical Services and Professional Services
Answer: C
NEW QUESTION # 28
What does iarr measure?
- A. Our ability to increase renewal rates through pricing controls
- B. Our ability to monitor product utilization,and financial growth collectively
- C. Our ability to internally align renewable resources
- D. Our ability to expand upon existing customer value
Answer: D
NEW QUESTION # 29
Which case represents a risk of renewal where a mitigation analysis will help obtain a more desired outcome?
- A. There are no open incidents 30 days before renewal dates.
- B. Customer is willing to subscribe to a recommendation case to be publicly communicated.
- C. The health index of a customer is over expected targets with no red flags.
- D. The adoption rate is 50% under the expected level and the plan is six months before the expiration date.
Answer: D
NEW QUESTION # 30
What is the key implication on-time renewals have for an IT provider company?
- A. Improved customer satisfaction
- B. Recurring business is preserved
- C. No major impact if sales are on plan
- D. Incentives will be paid
Answer: B
NEW QUESTION # 31
Which three financial metrics are critical in renewing subscriptions?(Choose three)?
- A. Net new sales
- B. Training costs
- C. Close rate
- D. Renewal rate
- E. Annual recurring revenue
Answer: B,D,E
NEW QUESTION # 32
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 pre-sales engineers and build customer solutions.
- C. RMs work by themselves to develop a high level view customer requirements and objectives.
- D. RMs work with service delivery teams and monitor engagements.
Answer: D
NEW QUESTION # 33
What support should an RM take from the CSM?
- A. Oversee the closure of contracts
- B. Communicate new green field opportunities
- C. Book customer-service briefings
- D. Communicate value and the impact of Cisco solutions
Answer: C
NEW QUESTION # 34
Which two actions can a partner or customer perform within CCW-R? (Choose two.)
- A. Download hardware, software and services datasheets
- B. View and manage their contracts
- C. Change Customer Address
- D. Set up billing
- E. Order new services
Answer: B,E
NEW QUESTION # 35
How does Cisco define AT R?
- A. ATR is the sum of RR and iARR, minus the attrition rate.
- B. Contracts/subscriptions that have attrition terms revoked.
- C. Any customer agreement where attrition has been an issue.
- D. Contracts/subscriptions that are available to renew.
Answer: D
NEW QUESTION # 36
What is the ATR on a $10,000 one year recurring revenue contract?
- A. 10% of $10,000
- B. $12000
- C. $10,000
- D. $10,000 divided by 12
Answer: C
NEW QUESTION # 37
What is the main purpose of CCW-R?
- A. To allow customers and partners to renew software subscriptions and service contracts from one tool
- B. To factor customer ATR,upsell and attrition
- C. To allow customers and partners to download renewal data
- D. To capture partner and customer billing preferences
Answer: A
NEW QUESTION # 38
......
The Cisco 700-805 exam is an important certification for professionals who work in the IT industry. Passing the exam demonstrates that a candidate has the skills and knowledge necessary to manage and sell Cisco's products and services effectively. The exam covers a wide range of topics related to IT service management and sales, and passing the exam requires a solid understanding of key concepts and principles.
Verified 700-805 Exam Dumps Q&As - Provide 700-805 with Correct Answers: https://getfreedumps.passreview.com/700-805-exam-questions.html