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Valid 700-805 training materials | 700-805 exam prep: Cisco Renewals Manager - Dumps4PDF

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Cisco 700-805 exam, also known as the Cisco Renewals Manager exam, is designed for professionals who want to validate their skills and knowledge in managing the renewal process of Cisco products and services. 700-805 Exam is ideal for individuals who are involved in renewing contracts, managing customer relationships, and driving business growth.

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Cisco Renewals Manager Sample Questions (Q88-Q93):

NEW QUESTION # 88
What is the implication of on-time renewals for an IT service provider company?

A. There is no significant impact if sales are on plan.
B. No disruption to recurring revenue.
C. Customer satisfaction is improved.
D. Incentives will be paid.

Answer: B

NEW QUESTION # 89
Which task is the responsibility of the Renewals Manager?

A. billing recurring revenue contracts
B. managing recurring revenue risk
C. driving adoption of specific technologies
D. managing the Success Plan

Answer: B

Explanation:
one of the tasks that is the responsibility of the Renewals Manager is to manage recurring revenue risk, which includes:
* Identifying and prioritizing renewal opportunities and challenges
* Developing and executing renewal strategies and plans
* Collaborating with other Cisco teams and partners to ensure customer satisfaction and retention
* Negotiating and closing renewal deals
References: 2: Cisco Renewals Manager - Cisco

NEW QUESTION # 90
Which detail is provided in the scorecard by using the Total Program View tool?

A. EOL products
B. renewal rate
C. new products
D. program rate

Answer: B

Explanation:
According to the Total Program View (TPV) User Guide1, the scorecard is a dashboard that provides a summary of the partner's performance across different programs and metrics. One of the metrics that is provided in the scorecard is the renewal rate, which is defined as:
The percentage of recurring revenue that is retained or renewed within a defined time period (usually 90, 180, or 365 days) A key indicator of customer satisfaction, retention, and loyalty A factor that affects the partner's incentives and rebates

NEW QUESTION # 91
How does a Renewals Manager drive value in a customer account?

A. aligns partners on training
B. removes adoption barriers
C. defines the account forecast
D. manages and mitigates renewal risk

Answer: D

NEW QUESTION # 92
What are the primary benefits of using AutoQuote in the renewal process?

A. eliminate the need for a Renewals Manager and all customer interactions
B. automatically generate quotes, consolidate opportunities, and enhance efficiency
C. automatically offer free software upgrades and exclusive discounts
D. increase time spent on manual quote creation and focus more on programming

Answer: B

NEW QUESTION # 93
......

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