Online Access Free 700-805 Practice Test

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

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

What does a high Renewal Rate indicate about the performance of a Renewals Manager?

• A.The Renewals Manager is skilled at increasing company OPEX.
• B.The Renewals Manager is proficient at technical troubleshooting.
• C.The Renewals Manager is effective in retaining customers.
• D.The Renewals Manager is successful at attracting new customers.

A customer enrolled in Lifecycle Advantage (LCA) clicks the " Notify partner to order " button in response to an automated renewal notification. How should the RM respond?

• A.Wait for the customer to submit a formal purchase order before initiating engagement.
• B.Treat the action as an intent signal and step in to provide commercial expertise.
• C.Forward the notification to the Account Manager for follow-up.
• D.Allow the digital motion to complete the renewal automatically.

Which statement regarding which tools can be added as value to customer and partners is invalid?

• A.Trusted Data Source for Hardware Refresh and Software renewal insights
• B.help manage Discounts for Quoting
• C.gain insight into new and unique business prospects for your customers and expand sales potential
• D.Adopt on Scores which provide insight into how well customers are utilizing service and software they purchase

Which two factors drive subscription value for customers? (Choose two)

• A.freeware offers
• B.training access
• C.up to date security protection
• D.bundling of software and hardware
• E.continuous access to innovation