700-805 Study Dumps | 700-805 Simulations Pdf

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| Section | Weight | Objectives |
|---|
| Topic 1: Business Acumen | 30% | - Evaluate products and services to meet customer goals - Describe renewal cycle and risk action planning - Interpret key financial terms (e.g., CAPEX, OPEX)
|
| Topic 2: Customer Success | 10% | - Explain customer journey & IT purchasing models - Define customer success
|
| Topic 3: Cisco Tools and Processes | 20% | - Explain Smart Accounts & Smart Licensing - Describe CX Portfolio and deal management processes
|
| Topic 4: Customer Success Foundation | 10% | - Explain recurring revenue financial implications - Explain the stages of the customer lifecycle - Define customer experience - Describe recurring revenue financial terms
|
| Topic 5: Roles and Responsibilities | 30% | - Explain renewals tasks and success metrics - Describe Renewals Manager role and integration
|
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Cisco Renewals Manager Sample Questions (Q61-Q66):
NEW QUESTION # 61
In addition to on-time renewals, on which two tasks should Renewal Managers focus? (Choose two.)
- A. opportunities for upsell
- B. developing a customer success story
- C. the next customer and their needs
- D. driving adoption
- E. renewing offer to a multiple-year contract
Answer: A,E
NEW QUESTION # 62
What are two important actions of a successful Renewals Manager? (Choose two.)
- A. proactively solve TAC issues
- B. align solely with the Customer Success Manager
- C. schedule daily meetings with the customer
- D. understand the portfolio of products and services
- E. build and maintain relationships with internal and external stakeholders
Answer: D,E
NEW QUESTION # 63
Which statement best describes an Accelerator?
- A. A one-on-one coaching engagement covering specific use cases
- B. A one-on-one deep dive on network issues
- C. A hosted one-to-many educational webinar with live expert Q and A
- D. An on-call service for customer support
Answer: A
Explanation:
An Accelerator is a one-on-one coaching engagement covering specific use cases that Cisco offers to its customers and partners to help them implement new technology faster and more easily. An Accelerator is a remote session with a fixed scope and a demonstrable benefit at completion. An Accelerator can cover topics such as design, configuration, migration, integration, optimization, or troubleshooting of Cisco products and solutions. An Accelerator is different from an on-call service, a deep dive on network issues, or a hosted webinar, which are not part of the Cisco Accelerator program
NEW QUESTION # 64
Which licensing model is the most complex for a customer to manage?
- A. Subscription
- B. A La Carte
- C. Managed service agreement
- D. Enterprise agreement
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 # 65
What is the role of a Renewals Manager in a Customer Success Plan?
- A. The Renewals Manager collaborates proactively with Sales and the CSM to renew all recurring offers.
- B. The Renewals Manager is a salesperson acting only when a Customer Success Plan is created.
- C. The Renewals Manager is a reactive resource to administrate the renewal process.
- D. The Renewals Manager is an administrative role acting on the insight provided by financial tools.
Answer: A
NEW QUESTION # 66
......
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