Ace 700-805 Certification with 50 Actual Questions
PASS Cisco 700-805 EXAM WITH UPDATED DUMPS
NEW QUESTION # 10
When renewing a contract with a customer, which action is important?
- A. Validate customers business needs.
- B. Do not offer any financing solutions.
- C. Propose only the most important part of the solution.
- D. Start discussions once the contract has expired.
Answer: C
NEW QUESTION # 11
Which area of the Success Plan is the Renewal Manager responsible?
- A. Barriers Predicted
- B. Success Plan Hypothesis
- C. Solution Renewal
- D. Adoption Barriers Overcome
Answer: A
NEW QUESTION # 12
How does Cisco define Business Critical Services?
- A. Pay-as-you-go, technology-based services
- B. hardware replacement
- C. subscription-based services covering the lifecycle of a technology
- D. Pay-as-you-go, services covering business-critical functions
Answer: D
NEW QUESTION # 13
Who do Renewals Managers (RMs) work with?
- A. RMs work by themselves to develop a high level view customer requirements and objectives.
- B. RMs work with service delivery teams and monitor engagements.
- C. RMs work with account managers to drive ongoing revenue risk assessments and plays.
- D. RMs work with pre-sales engineers and build customer solutions.
Answer: B
NEW QUESTION # 14
Which task is the responsibility of the renewals manager?
- A. Billing recurring revenue contracts
- B. Managing the success plan
- C. Driving adoption of specific technologies
- D. Managing recurring revenue risk
Answer: D
NEW QUESTION # 15
Which steps to develop a renewal quote are valid?
- A. Position the new technology,create a Quote,Order the Quote.
- B. Ask the customer for Renewal data,Evaluate new requirement,Quote new services.
- C. Identify the Items to renew,Verify the Discounts,Confirm the Shipping address,Verify the Billing entity.
- D. Indentify the barriers to adoption,Ensure the customers is using the solution,Work with the Account Manager to create a Quote.
Answer: D
NEW QUESTION # 16
Which discussion point helps upsell a customer?
- A. Discuss your priorities and why you need the sale.
- B. Focus on how much it will cost the customer.
- 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 # 17
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. order new services
- D. change Customer Address
- E. set up billing
Answer: B,D
NEW QUESTION # 18
Who do renewals managers (rms) work with?
- A. Rms work by themselves to develop a high level view customer requirements and objectives.
- B. Rms work with service delivery teams and monitor engagements.
- C. Rms work with pre-sales engineers and build customer solutions.
- D. Rms work with account managers to drive ongoing revenue risk assessments and plays.
Answer: D
NEW QUESTION # 19
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: B
NEW QUESTION # 20
Which service offering helps define the customer's IT vision and strategy?
- A. Advisory
- B. Support
- C. Optimization
- D. Training
Answer: A
NEW QUESTION # 21
Which statement regarding which tools can be added as value to customer and partners is invalid?
- A. Help manage Discounts for Quoting
- B. Trusted Data Source for Hardware Refresh and Software renewal insights
- C. Adoption scores which provide insight into how well customers are utilizing service and software they purchase
- D. Gain insight into new and unique business prospects for your customers and expand sales potential
Answer: A
NEW QUESTION # 22
When renewing a contract with a customer,which action is important?
- A. Propose only the most important part of the solution
- B. Do not offer any financing solutions.
- C. Validate customers business needs.
- D. Start discussions once the contract has expired
Answer: C
NEW QUESTION # 23
What is the primary measurement of success for a Renewals Manager?
- A. Percentage of contracts closed
- B. Renewal success rate
- C. Iarr rate
- D. Upsell percentage
Answer: B
NEW QUESTION # 24
What is the ATR on a $10,000 one year recurring revenue contract?
- A. $10,000
- B. 10% of $10,000
- C. $12000
- D. $10,000 divided by 12
Answer: A
NEW QUESTION # 25
During which activity of the renewal process would an RM provide an appropriate co-termination timeframe and gain required internal approvals?
- A. deal strategy
- B. proposal build
- C. billing
- D. quote delivery
Answer: D
NEW QUESTION # 26
Which architecture addresses customer needs for voice, video, and data?
- A. Enterprise networking
- B. Security
- C. Data Center
- D. Collaboration
Answer: D
NEW QUESTION # 27
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Cisco Renewals Manager exam is a comprehensive certification that evaluates the skills and knowledge of individuals who manage the renewals of Cisco products and services. 700-805 exam is designed to test the ability of professionals to identify and manage licensing agreements, to understand the value proposition of Cisco products and services, and to engage with customers in a way that drives renewals. 700-805 exam is also designed to evaluate the ability of professionals to develop and execute strategies that drive customer engagement and renewals.
Cisco 700-805 exam is a comprehensive assessment of an individual's ability to manage Cisco contracts and renewals successfully. It covers a wide range of topics, including contract negotiation, pricing, and renewal management. It also covers the use of tools and technologies to manage contract renewals effectively. 700-805 exam consists of multiple-choice questions that require a thorough understanding of the Cisco Renewals Manager certification program.
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