Instant Download 700-805 Dumps Q&As Provide PDF&Test Engine [Q31-Q52]

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Instant Download 700-805 Dumps Q&As Provide PDF&Test Engine

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Cisco 700-805 exam covers a range of topics related to the renewal process of Cisco products and services, including contract management, pricing, licensing, and customer relationship management. Candidates will be tested on their ability to create and execute renewal strategies, manage customer relationships effectively, and ensure that customers are satisfied with their Cisco products and services.

The benefit of obtaining the Cisco 700-805: Cisco Renewals Manager Certification

Cisco certifications increase certified professionals’ reputation; they enhance work productivity; they enable Cisco certified professionals to offer better levels of customer satisfaction, and they enable Cisco certified professionals to handle complicated projects and problems.

Human resources are in charge of deciding whether to hire or promote an employee in a business. Applicants now make choices in a manner that records many distinct factors, even whether they have an IT background. One thing to keep in mind is that candidates with official credentials, such as the (300-515 SPVI) certified, are preferred.
If the candidate want to advance in the business to a higher-paying position. This certification, like usual, will be beneficial.
Cisco certifications help you advance in your profession.
Cisco certificates help you make more money

NEW QUESTION 31
What are two common benefits of an Enterprise Agreement? (Choose two.)

provides perpetual licenses for hardware

licenses available across the entire organization

simplified license management by providing a single agreement to cover an organization

allows customers to pick and choose the software features

provides free technical support for all software

NEW QUESTION 32
Which services are contained in the CX portfolio?

Support Services, Business Critical Services, Professional Services and Managed Services

Support Services, Business Critical Services and Professional Services

Support Services and Business Critical Services

Support Services, Business Critical Services, Professional Services, Managed Services, and Learning Services

CX portfolio consists of five service categories that cover the entire lifecycle of a technology:
* Support Services: Provide technical support, software updates, and smart capabilities to help customers maintain network availability, security, and performance
* Business Critical Services: Provide expert guidance, best practices, proactive support, and insights to help customers optimize their network performance, security, and availability
* Professional Services: Provide consulting, design, implementation, integration, optimization, and migration services to help customers deploy and adopt Cisco solutions
* Managed Services: Provide end-to-end management, monitoring, and operation of customer’s network infrastructure and applications by Cisco or certified partners
* Learning Services: Provide training, certification, and enablement programs to help customers develop their skills and capabilities on Cisco technologies References: 4: Services – Cisco

NEW QUESTION 33
Which licensing model is the most complex for a customer to manage?

Managed service agreement

Subscription

Enterprise agreement

A La Carte

La Carte licensing model is the most complex for a customer to manage because it requires the customer to purchase and activate individual licenses for each product and feature they want to use. This can result in a large number of licenses to track and renew, as well as compatibility issues between different products and versions. A La Carte licensing also does not provide the benefits of Cisco’s Software Buying Programs, such as financial predictability, access to incentives, and subscription co-termination1.
References: 1: Cisco Software Licensing Guide – Cisco

NEW QUESTION 34
Who do Renewals Managers (RMs) work with?

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

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

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

RMs work with service delivery teams and monitor engagements.

According to the Cisco website1, RMs work with account managers to drive ongoing revenue risk assessments and plays, which include:
Identifying and prioritizing renewal opportunities
Developing and executing renewal strategies
Negotiating and closing renewal deals
Collaborating with other Cisco teams and partners to ensure customer satisfaction and retention

NEW QUESTION 35
Which approach should be applied when renewing a quote?

Product led approach

Solutions led approach

Reward led approach

Concerns led approach

NEW QUESTION 36
Which action can a renewals manager take to drive value in the account?

Align partners on training

Define the account forecast

Manage and mitigate renewal risk

Removing adoption barriers

NEW QUESTION 37
Which detail is provided in the scorecard by using the Total Program View tool?

renewal rate

new products

EOL products

program rate

According to the Total Program View (TPV) User Guide1, the scorecard is a dashboard that provides a summary of the partner’s performance across different programs and metrics. One of the metrics that is provided in the scorecard is the renewal rate, which is defined as:
The percentage of recurring revenue that is retained or renewed within a defined time period (usually 90, 180, or 365 days) A key indicator of customer satisfaction, retention, and loyalty A factor that affects the partner’s incentives and rebates

NEW QUESTION 38
Which strategy for successful renewal of service contracts calls for discussing changes in the network and identifying any uncovered add tons to the network?

validate the customer’s business needs

focus on benefits

lock in revenue streams through co-termination

explore up sell opportunities

NEW QUESTION 39
Which group of products are enterprise networking products?

Routing,Switching,Access Points

Salesforce,Box,AWS

Iwan,Viptela,Meraki

WAN,LAN,Wireless

NEW QUESTION 40
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

NEW QUESTION 41
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

NEW QUESTION 42
What is the Cisco definition of a Reusable Non-Standard Discount (RNSD)?

A discount applied to Cisco products and/or service list pricing and for a continual or ongoing basis.

A limited time discount applied to Cisco products and/or services.

A priority discount applied to third-party products for perpetuity.

A discount applied to refurbished or reused Cisco hardware that includes service contracts.

NEW QUESTION 43
What is the goal of licensing at Cisco? (Choose the best answer.)

Right to use

Smart License

Classic PAK

Standby License

NEW QUESTION 44
Which of the Cisco Security product offerings focuses on identifying abnormal or suspicious network behaviors?

Meraki

Stealth watch

Tetration

App Dynamics

Stealthwatch is one of the Cisco Security product offerings that focuses on identifying abnormal or suspicious network behaviors, which can help customers with:
Detecting and responding to advanced threats across their network
Gaining visibility and control over their network traffic and activity
Improving their network performance, security, and compliance

NEW QUESTION 45
Which services are contained in the CX portfolio?

Support Services ,Business Critical Services and Professional Services

Support Services and business Critical Services

Support Services,Business Critical Services,Professional Services,Managed services, and Learning Services

Support Services,Business Critical Services, Professional Services and Managed services

NEW QUESTION 46
Which area of the Success Plan is the Renewal Manager responsible?

Barriers Predicted

Solution Renewal

Adoption Barriers Overcome

Success Plan Hypothesis

NEW QUESTION 47
Which two actions can a partner or customer perform within CCW-R? (Choose two.)

set up billing

download hardware, software and services datasheets

change Customer Address

view and manage their contracts

order new services

According to the CCW-R User Guide5, some of the actions that a partner or customer can perform within CCW-R are:
* Change Customer Address: This allows the user to update the customer address information for a quote or an order.
* View and Manage their Contracts: This allows the user to view their contract details, status, expiration date, product coverage, etc., as well as request a quote or renew their contracts.
References: 5: CCW-R User Guide – Cisco

NEW QUESTION 48
How does the Customer Lifecycle approach drive customer success?

by solely relying on digital automation for all customers

by only providing touchpoints to the customer at the start and end of their journey

by creating a clear silo between sales and customer success

by facilitating the customer journey to drive value and achieve business outcomes

NEW QUESTION 49
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

NEW QUESTION 50
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.

There are no open incidents 30 days before renewal dates.

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

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

NEW QUESTION 51
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

NEW QUESTION 52
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

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Instant Download 700-805 Dumps Q&As Provide PDF&Test Engine [Q31-Q52]

The benefit of obtaining the Cisco 700-805: Cisco Renewals Manager Certification

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