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Cisco 700-805 Latest Exam Guide, 700-805 New Dumps Ebook

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Cisco 700-805: Cisco Renewals Manager Exam Certification Path

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Cisco Renewals Manager Sample Questions (Q92-Q97):

NEW QUESTION # 92
How does Cisco define Business Critical Services?

A. Pay-as-you-go, technology-based services
B. Pay-as-you-go, services covering business-critical functions
C. subscription-based services covering the lifecycle of a technology
D. hardware replacement

Answer: C

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 # 93
Which three financial metrics are critical in renewing subscriptions? (Choose three.)

A. renewal rate
B. net new sales
C. annual re curing revenue
D. training costs
E. close rate

Answer: A,C,D

NEW QUESTION # 94
Which licensing model is the most complex for a customer to manage?

A. Subscription
B. Managed service agreement
C. Enterprise agreement
D. A La Carte

Answer: D

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.
References: 1: Cisco Software Licensing Guide - Cisco

NEW QUESTION # 95
Which action should a Renewals Manager take first?

A. Meet the customer and perform a renewals diagnosis
B. Assign an RS to priority accounts
C. Download contract data and develop a renewals strategy
D. Meet and confirm the AM, CSS, CSM and their resources

Answer: C

NEW QUESTION # 96
Which approach should be applied when an opportunity is available to renew?

A. reward-led approach
B. product-led approach
C. barriers-led approach
D. solutions-led approach

Answer: D

NEW QUESTION # 97
......

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