View All 700-805 Actual Exam Questions, Answers and Explanations for Free [Q49-Q65]

View All 700-805 Actual Exam Questions, Answers and Explanations for Free

700-805 Exam Free Practice Test with100% Accurate Answers

To pass the Cisco 700-805 exam, candidates must have a solid understanding of Cisco’s products and services, as well as the ability to identify customer needs and effectively manage the renewal process. 700-805 exam consists of multiple-choice questions, and candidates have 60 minutes to complete the exam. To prepare for the exam, candidates can take advantage of Cisco’s training and resources, including online courses, study materials, and practice exams. Achieving the Cisco Renewals Manager certification demonstrates an individual’s expertise in managing renewals and customer relationships, which can help them advance their career and increase their earning potential in the technology industry.

QUESTION 49
Which action should a Renewals manager take first?

 Meet and confirm the am,css,csm and their resources

 Meet the customer and perform a renewals diagnosis

 Assign an RS to priority accounts

 Download contract data and develop a renewals strategy

QUESTION 50
AtT-90, the Renewals Manager notices that the customer’s software adoption rate is low. What approach should the Renewals Manager adopt?

 Assume product management has delayed a feature release.

 No action; service delivery will solve.

 Create a mitigation plan.

 Escalate to executive stakeholder immediately.

QUESTION 51
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 52
What are Cisco’s four steps to higher renewals?

 Investigate, Diversity, Personalize, Initiate a strategy

 Analyze, Implement, Regulate, Maintain consistency

 Align, Simplify, Automate, Build a practice

 Plan, Streamline, Digitize, Establish routine

QUESTION 53
What is Practice Maturity?

 an evaluation of a partner’s negotiation skills

 a compass of how a partner is performing against key Cisco priorities and outcomes, as well as against their peers

 a reflection of a partner’s career length based on their employees’ service duration

 a calculation of the number of deals won and lost

QUESTION 54
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.

QUESTION 55
What is the ATR on a $10, 000 one year recuring revenue contract?

 $10,000

 10% of $10,000

 $10,000 divided by 12

 $1,200

ATR stands for Annualized Total Revenue, which is a metric that measures the total revenue generated by a customer contract over a 12-month period. ATR is calculated by multiplying the monthly recurring revenue (MRR) by 12. For example, if a customer pays $100 per month for a service, the ATR is $100 x 12 = $1,200. Therefore, the ATR on a $10,000 one year recurring revenue contract is simply $10,000, since the MRR is already $10,000. ATR is useful for comparing the revenue potential of different contracts with different billing cycles or durations

QUESTION 56
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

a solutions-led sales approach is:
A sales methodology that focuses on understanding the customer’s business needs, challenges, and objectives A consultative process that involves discovering, proposing, validating, and closing solutions that deliver value and outcomes for the customer A way of differentiating Cisco and partners from competitors by offering integrated solutions that leverage Cisco’s portfolio and expertise The first step in a solutions-led sales approach is to understand the customer’s objectives, which includes:
Asking open-ended questions to uncover the customer’s pain points, goals, and priorities Listening actively and empathetically to the customer’s responses Confirming and summarizing the customer’s objectives and expectations

QUESTION 57
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

QUESTION 58
Which statement is the most accurate description of the Health Index?

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

 an ongoing measurement of customer sentiment

 a measurement tool for resolving specific product quality issues and adoption barriers

 an ongoing measurement of several key customer health indicators

QUESTION 59
How does Cisco define AT R?

 Contracts/subscriptions that are available to renew.

 ATR is the sum of RR and iARR, minus the attrition rate.

 Any customer agreement where attrition has been an issue.

 Contracts/subscriptions that have attrition terms revoked.

A) Contracts/subscriptions that are available to renew.
Comprehensive and Detailed Explanation: According to the Cisco website1, ATR stands for Available To Renew, which is defined as:
Contracts/subscriptions that are available to renew within a defined time period (usually 90, 180, or 365 days) A key metric for measuring the renewal opportunity and performance A report that shows the contract details, status, expiration date, product coverage, etc.

QUESTION 60
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

The primary customer value of the Cisco Services Portfolio is that it offers services packages tailored to specific customer needs. The Cisco Services Portfolio is a comprehensive set of services that help customers achieve their IT vision and strategy, optimize their IT operations, and accelerate their business outcomes. The Cisco Services Portfolio includes four types of services: Support, Advisory, Optimization, and Training. Each type of service provides different levels of value and benefits to customers, depending on their needs and goals. Customers can choose the services that best suit their situation, budget, and expectations, and customize them to their specific use cases and scenarios. The Cisco Services Portfolio enables customers to get the most out of their Cisco products and solutions, as well as address their challenges and opportunities in a flexible and effective way.

QUESTION 61
What is the Cisco Services Partner Program (CSPP) objective?

 maximizes Cisco’s profits by requiring partners to sell only Cisco-branded services

 allows the partner to focus on recurring revenue while earning performance-based incentives C eliminates all barriers throughout the customer lifecycle

 trains partners to develop and sell their own independent services without any backing from Cisco

QUESTION 62
Which service offering assists the customer in preparing for emerging industry trends?

 Trending Technical

 Advisory

 Managed

 Training

QUESTION 63
Which statement is the most accurate description of the Health Index?

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

 an ongoing measurement of customer sentiment

 a measurement tool for resolving specific product quality issues and adoption barriers

 an ongoing measurement of several key customer health indicators

the Health Index is:
* An ongoing measurement of several key customer health indicators, such as adoption, satisfaction, retention, and expansion
* A tool that helps Cisco and partners monitor and improve customer outcomes and experiences
* A score that ranges from 0 to 100, where higher scores indicate better health References: 1: Customer Health Index – Cisco

QUESTION 64
Which architecture addresses customer needs for voice, video, and data?

 Security

 Data Center

 Collaboration

 Enterprise networking

QUESTION 65
Which critical task must be performed during the Qualification phase?

 validate customer inventory

 develop a Success Plan

 quote delivery

 Renewal Plan development

According to the Cisco website1, one of the critical tasks during the Qualification phase is to validate customer inventory, which includes:
* Reviewing the Available to Renew (ATR) report and identifying any discrepancies or missing items
* Confirming the accuracy of the contract end dates, product IDs, serial numbers, and quantities
* Updating the ATR report with any changes or corrections

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Introduction to Cisco 700-805: Cisco Renewals Manager Exam

Finally, this exam assesses a candidate’s understanding of CISCO end-to-end solutions and operations, including network operations and monitoring tools, patch management, security device management (SDM), and security policies. Knowledge of the Cisco Firepower Management Center (FMC) is also tested on this exam. Cisco 700-805 Dumps is the most updated version of the Cisco exam. Yesterday people couldn’t get certified for this exam so they used some old exam dumps and some new ones. Finally, today, after much struggle and necessity, we’ve got it all together in one place. Knowledge of the Cisco Operations Center (Cisco OCC) is also tested on this exam. Wise words of wisdom are offered by Cisco specialists. Share these words of wisdom with your co-workers. Worry is the biggest problem of modern times. Choosing the right IT certification for you is your personal decision, and we want to make sure that you take the best possible steps toward making the right decision. Choosing the certification that’s the most relevant to your current needs will give you the biggest immediate boost toward your career advancement.

An attempt is the biggest problem of modern times. Choosing the right IT certification for you is your personal decision, and we want to make sure that you take the best possible steps toward making the right decision. Marcel o Rivera has been in the IT field for almost 5 years and has been working at Cisco for almost a year. Seats are limited, so don’t delay registering for this event. Demo days are the only way to see the real product before purchase. Realy speaking, this is about how to pass or not, but also this is about what earning money and making money. Lifecycle management includes purchasing, configuring, securing, operating, maintaining and upgrading software across all Cisco products. Fail over and high availability includes the steps needed to ensure that Cisco products can survive failures and continue to operate as expected. Remember, the best way to prepare for the Cisco 700-805 exam is through hands-on experience. The perfect solution for those who have decided to take the Cisco 700-805 exam.

Cisco Renewals Manager certification is ideal for individuals who work in sales, customer service, and support roles. Cisco Renewals Manager certification is also beneficial for IT professionals who want to enhance their knowledge and skills in managing Cisco solutions. Cisco Renewals Manager certification provides individuals with a competitive advantage in the job market and demonstrates their commitment to professional development.

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