700-805 real questions - Testking real exam - Cisco Renewals Manager VCE

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Cisco 700-805 Exam Syllabus Topics:

SectionObjectives
Topic 1: Renewals and Subscription Lifecycle- Cisco subscription models and licensing basics
- Renewal lifecycle stages and timelines
Topic 2: Renewal Sales Process- Renewal opportunity management
- Forecasting and pipeline management
Topic 3: Customer Success and Value Realization- Value tracking and expansion opportunities
- Customer adoption and success planning
Topic 4: Cisco Tools and Platforms- Cisco ordering and subscription management tools
- Partner and quoting systems
Topic 5: Commercial and Contract Fundamentals- Contract terms and compliance basics
- Renewal pricing and discount structures

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Cisco Renewals Manager Sample Questions (Q24-Q29):

NEW QUESTION # 24
What is the future state goal of licensing at Cisco?

Answer: C


NEW QUESTION # 25
Which two factors drive subscription value for customers? (Choose two)

Answer: A,B

Explanation:
Two factors that drive subscription value for customers are up to date security protection and continuous access to innovation. These factors reflect the benefits that customers can gain from subscribing to Cisco products and services, such as:
Up to date security protection: Customers can enjoy the peace of mind that their networks, devices, and data are always protected from the latest threats and vulnerabilities. Cisco provides regular security updates, patches, and enhancements to its products and services, as well as proactive threat intelligence and prevention. Customers can also leverage Cisco's security portfolio, which covers the entire network from edge to cloud, and provides integrated solutions for identity, endpoint, cloud, email, web, and network security.
Continuous access to innovation: Customers can access the latest features and functionalities that Cisco delivers through its products and services, without having to purchase new hardware or software licenses. Cisco provides frequent software updates, upgrades, and releases that introduce new capabilities, improve performance, and optimize user experience. Customers can also take advantage of Cisco's innovation ecosystem, which includes partners, developers, researchers, and customers who collaborate to create cutting-edge solutions for various industries and use cases.


NEW QUESTION # 26
How does Cisco define Business Critical Services?

Answer: D

Explanation:
Business Critical Services are subscription-based services covering the lifecycle of a technology, which provide customers with:
* Expert guidance and best practices to optimize their network performance, security, and availability
* Proactive support and automation to prevent issues, reduce risks, and accelerate outcomes
* Insights and analytics to measure and improve their operational efficiency, agility, and innovation References: 4: Business Critical Services - Cisco


NEW QUESTION # 27
Which two actions can a partner or customer perform within CCW-R? (Choose two.)

Answer: A,E

Explanation:
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.


NEW QUESTION # 28
Which licensing model represents the highest value?

Answer: C


NEW QUESTION # 29
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