Cisco - 700-805 Authoritative Pass Leader Dumps

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Cisco 700-805 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Leadership and Renewals Process	30%	- End-to-end renewals motion and account team collaboration - Upsell / cross-sell opportunity identification - Quote development, exceptions and order processing - Risk assessment at T-9, T-6, T-3 milestones
Topic 2: Business Acumen	35%	- Available To Renew, contract value and renewal types - Value communication and tool usage - Evaluate customer products and business alignment - Financial terms: CAPEX, OPEX, procurement models
Topic 3: Customer Success Foundation	20%	- RM role, tasks and RACI framework - Recurring revenue financial terms - Success Plan components and RM responsibilities - Health Index and success metrics
Topic 4: Cisco Tools and Processes	15%	- CCW, renewal tools and automation - Smart Accounts and licensing frameworks - Renewal workflows and escalation procedures - Contract management and entitlement verification

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This version of the practice exam is suitable for individuals who are comfortable in practicing for the exam online. This software contains all the features we have discussed above in the paragraph of the desktop version. ExamsLabs online practice test frees you from hassles of installing software and plugins. You can use this format of the Cisco 700-805 Mock Exam on any operating system, and it is accessible via these browsers: Opera, Safari, Chrome, Firefox, MS Edge, and Internet Explorer.

Cisco Renewals Manager Sample Questions (Q22-Q27):

NEW QUESTION # 22
When renewing a contract with a customer, which action is important?

A. Start discussions once the contract has expired.
B. Propose only the most important part of the solution.
C. Validate customers business needs.
D. Do not offer any financing solutions.

Answer: B

NEW QUESTION # 23
How does Cisco define AT R?

A. Any customer agreement where attrition has been an issue.
B. ATR is the sum of RR and iARR, minus the attrition rate.
C. Contracts/subscriptions that are available to renew.
D. Contracts/subscriptions that have attrition terms revoked.

Answer: C

NEW QUESTION # 24
What is the Cisco definition of a Reusable Non-Standard Discount (RNSD)?

A. A discount applied to refurbished or reused Cisco hardware that includes service contracts.
B. A limited time discount applied to Cisco products and/or services.
C. A discount applied to Cisco products and/or service list pricing and for a continual or ongoing basis.
D. A priority discount applied to third-party products for perpetuity.

Answer: D

NEW QUESTION # 25
Which statement best summarizes the intended outcome of the Success Plan?

A. grow incremental annual recurring revenue
B. provide scheduling for resolving customer qual y issues
C. generate financial data that indicates a customer's propensity to renew
D. development of a customer-centric view for achieving value from their portfolio

Answer: D

Explanation:
the Success Plan is:
* A document that outlines the customer's goals, challenges, desired outcomes, and success metrics
* A collaborative effort between Cisco, partners, and customers to align on the customer's vision and strategy
* A roadmap that guides the customer through the lifecycle stages of plan, build, adopt, and renew
* A development of a customer-centric view for achieving value from their portfolio References: 1: Success Plan - Cisco

NEW QUESTION # 26
What is the future state goal of licensing at Cisco?

A. Classic PAK
B. Smart License
C. Standby License
D. Right to use

Answer: B

Explanation:
Smart License is the future state goal of licensing at Cisco, which aims to:
* Simplify and streamline license management across Cisco products and solutions
* Provide customers with a flexible and transparent way to consume Cisco software
* Enable customers to view and manage their licenses through a single portal (Cisco Smart Software Manager)
* Reduce operational costs and complexity for customers and partners
References: 3: Cisco Smart Licensing - Cisco

NEW QUESTION # 27
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