Online Access Free 700-805 Practice Test

Which critical task must a Renewals Manager perform during the Qualification phase?

• A.Share the proposal with the customer.
• B.Deliver a quote.
• C.Validate customer inventory.
• D.Develop a Customer Success Plan.

Which key benefit is included in the Cisco Services Partner Program (CSPP)?

• A.guarantees profitability to partners regardless of their performance.
• B.provides discounted software licensing to partners.
• C.provides partners with a predetermined customer base
• D.offers access to a comprehensive service portfolio, allowing partners to address diverse customer needs

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

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

Which three financial metrics are critical in measuring subscription renewals? (Choose three.)

• A.Uptime
• B.Training costs
• C.Renewal Rate
• D.Annual Recurring Revenue (ARR)
• E.Annualized Order Value (AOV)
• F.Net New Sales

What is the first recommended action for a Renewals Manager?

• A.Download contract data and independently develop a renewals strategy.
• B.Schedule a meeting with the customer to negotiate contract terms.
• C.Meet the customer and perform a renewals diagnosis.
• D.Review the customer history and goals with Cisco and partner resources.