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Cisco 700-805 exam, also known as the Cisco Renewals Manager exam, is a certification program designed to test and validate the knowledge and skills of professionals who are responsible for managing the renewal process of Cisco products and services. 700-805 Exam is ideal for individuals who work in sales, customer success, or channel operations roles, and who need to understand the Cisco renewals process to improve customer satisfaction and retention.
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Cisco Renewals Manager exam is an intermediate level exam that covers a wide range of topics related to IT service management and sales. 700-805 Exam is designed to test a candidate's knowledge and skills in areas such as Cisco's portfolio of products and services, contract management, customer relationship management, and sales strategies. Passing the exam demonstrates that a candidate has the skills and knowledge necessary to manage and sell Cisco's products and services effectively.
Cisco Renewals Manager Sample Questions (Q57-Q62):
NEW QUESTION # 57
What is the ATR on a $10,000, one-year, recurring-revenue contract? (Choose the best answer.)
- A. $10,000
- B. $1,200
- C. $10,000 divided by 12
- D. 10% of $10,000
Answer: C
NEW QUESTION # 58
Which approach should be applied when renewing a quote?
- A. Solutions led approach
- B. Product led approach
- C. Reward led approach
- D. Concerns led approach
Answer: A
Explanation:
A solutions led approach should be applied when renewing a quote. A solutions led approach focuses on understanding the customer's pain points, challenges, goals, and desired outcomes, and then proposing a solution that can address them effectively. A solutions led approach is different from a product led approach, which focuses on highlighting the features and benefits of a product or service without considering the customer's specific needs or situation. A solutions led approach can help create more value for the customer, as well as differentiate your offering from competitors. A solutions led approach can also help build trust and rapport with the customer, as well as increase their satisfaction and loyalty. By applying a solutions led approach when renewing a quote, you can demonstrate your commitment to helping the customer achieve their objectives, as well as showcase your expertise and credibility in providing the best solution for them
NEW QUESTION # 59
Which statement is the most accurate description of the Health Index?
- A. A tool for service providers to determine what stage of the lifecycle to offering training solutions
- B. An ongoing measurement of several key customer health indicators
- C. An ongoing measurement of customer sentiment
- D. A measurement tool for resolving secific product quality issues and adoption barriers
Answer: A
NEW QUESTION # 60
During which activity of the renewal process would an RM provide an appropriate co-termination timeframe and gain required internal approvals?
- A. billing
- B. proposal build
- C. deal strategy
- D. quote delivery
Answer: B
Explanation:
According to a practice exam question , the correct answer is C. proposal build. During this activity, an RM would:
Provide an appropriate co-termination timeframe and gain required internal approvals Align with the account team on the renewal strategy and value proposition Create a renewal proposal that meets customer needs and expectations
NEW QUESTION # 61
What is a cross-sell opportunity?
- A. a sales technique offering suggestions for additional products or services to complement the customer's purchase
- B. a sales strategy aimed at encouraging customers to buy the highest-priced product on offer
- C. a method involving the promotion of discounted software and services during a specific season
- D. an approach centered around selling products that are not related to the customer's interests
Answer: A
NEW QUESTION # 62
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