Updated Free Cisco 700-805 Test Engine Questions with 50 Q&As [Q26-Q41]

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Updated Free Cisco 700-805 Test Engine Questions with 50 Q&As

The Best Cisco Specialist 700-805 Professional Exam Questions

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.

QUESTION 26
Which statement regarding which tools can be added as value to customer and partners is invalid?

Adopt on Scores which provide insight into how well customers are utilizing service and software they purchase

help manage Discounts for Quoting

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

Trusted Data Source for Hardware Refresh and Software renewal insights

QUESTION 27
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

QUESTION 28
Which steps to develop a renewal quote are valid?

Identify the barriers to adoption, Ensure the customers is using the solution, Work with the Account Manager to create a Quote.

Identify the Item store new, Verify the Discounts, Confirm the Shipping address, Verify the Billing entity.

Ask the customer for Renewal data, Evaluate new requirement, Quote new services.

Position the new technology, create a Quote, Order the Quote.

QUESTION 29
Which case represents a risk of renewal where a mitigation analysis will help obtain a more desired outcome?

The adoption rate is 50% under the expected level and the plan is six months before the expiration date.

The health index of a customer is over expected targets with no red flags.

There are no open incidents 30 days before renewal dates.

Customer is willing to subscribe to a recommendation case to be publicly communicated.

QUESTION 30
Which discussion point helps upsell a customer?

Focus on what the customer already has covered on the network.

Discuss your priorities and why you need the sale.

Discuss changes in the network and identify any uncovered additions to the network.

Focus on how much it will cost the customer.

QUESTION 31
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

QUESTION 32
Which statement best describes an Ask the Expert session?

A 24-7 phone line providing expert advice

A pre-recorded webinar from an expert

A one on one coaching engagement covering specific use cases

A hosted educational webinar with live expert Q and A

QUESTION 33
Which service offering assists the customer in preparing for emerging industry trends?

Trending Technical

Advisory

Managed

Training

QUESTION 34
What is the key implication on-time renewals have for an IT provider company?

Incentives will be paid

No major impact if sales are on plan

Improved customer satisfaction

Recurring business is preserved

QUESTION 35
Which steps to develop a renewal quote are valid?

Ask the customer for Renewal data,Evaluate new requirement,Quote new services.

Indentify the barriers to adoption,Ensure the customers is using the solution,Work with the Account Manager to create a Quote.

Position the new technology,create a Quote,Order the Quote.

Identify the Items to renew,Verify the Discounts,Confirm the Shipping address,Verify the Billing entity.

QUESTION 36
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

QUESTION 37
Which statement best summarizes the intended outcome of the Success Plan?

Grow incremental annual recurring revenue

Generate financial data that indicates a customer’s propensity to renew

Provide scheduling for resolving customer qual y issues

Development of a customer-centric view for achieving value from their portfolio

QUESTION 38
What is the primary customer value of the Cisco Services Portfolio?

Services priced based on usage

Services packages tailored to specific customer needs

Customers can develop their own service offerings

On-call, 24/7 service technicians at all levels

QUESTION 39
Which strategy for successful renewal of service contracts calls for discussing changes in the network and identifying any uncovered additions to the network?

Locak in revenue streams through co-termination

Validate the customer’s business needs

Explore upsell opportunities

Focus on benefits

QUESTION 40
What is the primary measurement of success for a Renewals Manager?

upsell percentage

percentage of contracts closed

renewal success rate

iARR rate

QUESTION 41
What is the primary measurement of success for a Renewals Manager?

Iarr rate

Renewal success rate

Upsell percentage

Percentage of contracts closed

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Updated Free Cisco 700-805 Test Engine Questions with 50 Q&As [Q26-Q41]

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