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Cisco Renewals Manager certification is a testament to the individual's knowledge and expertise in the field of IT sales and renewals. It is a globally recognized certification that can help professionals to stand out in the competitive IT industry. Cisco Renewals Manager certification can open up new job opportunities, increase earning potential, and help individuals to advance their careers in the IT industry.
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Cisco 700-805 Exam is an ideal certification for professionals working in sales, customer service, or technical support roles within the IT industry. It is particularly relevant for those working with Cisco's portfolio of products and services, such as routers, switches, firewalls, and unified communication solutions.
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.
NEW QUESTION # 66
Which licensing model is the most complex for a customer to manage?
Answer: B
Explanation:
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.
NEW QUESTION # 67
Which services are contained in the CX portfolio?
Answer: C
Explanation:
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
NEW QUESTION # 68
Which strategy for successful renewal of service contracts calls for discussing changes in the network and identifying any uncovered additions to the network?
Answer: C
NEW QUESTION # 69
Customer A purchased a one-year WebEx contract of 100 seats at $10 per seat. Customer B purchases a three-year WebEx contract of 100 seats at $10 per seat.
What is the annual recurring revenue (ARR) for each?
Answer: B
Explanation:
The annual recurring revenue (ARR) for each customer is $1000 and $1000. ARR is the total amount of money the company expects to receive from its subscribers over a year. It is calculated by summing up customers' monthly or quarterly subscription fees and multiplying them by 12 (for an annual period). It excludes one-time fees, transactional charges, and other non-recurring revenue sources. In this case, both Customer A and Customer B pay $10 per seat per month for 100 seats of WebEx. Therefore, their monthly recurring revenue (MRR) is $10 x 100 = $1000. To calculate their ARR, we multiply their MRR by 12: $1000 x 12 = $1000. The length of the contract does not affect the ARR calculation, as it only considers the revenue generated within one year.
NEW QUESTION # 70
Which licensing model represents the highest value?
Answer: D
Explanation:
Enterprise Agreements (EAs) represent the highest value for customers who want to simplify their software licensing and management across their organization. EAs provide customers with:
Unlimited access to a suite of Cisco software products within a defined technology domain for a fixed term and price The ability to deploy software anytime, anywhere, without additional costs or approvals The flexibility to grow and adjust their software usage without overage fees or penalties The convenience of co-terminating all their subscriptions at the end of the EA term The option to include Cisco services and support in their EA2
NEW QUESTION # 71
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