Free Access Cisco.700-805.v2026-04-23.q74 Practice Test (Page 10)

Which task should a Renewals Manager perform during the Prospect phase?

A.Risk Assessment

B.Review new opportunities

C.Terms negotiation

D.Risk mitigation

What is the key implication on-time renewals have for an IT provider company?

A.Improved customer satisfaction

B.No major impact if sales are on plan

C.Recurring business is preserved

D.Incentives will be paid

Which steps to develop a renewal quote are valid?

A.Identify the Item store new, Verify the Discounts, Confirm the Shipping address, Verify the Billing entity.

B.Ask the customer for Renewal data, Evaluate new requirement, Quote new services.

C.Position the new technology, create a Quote, Order the Quote.

D.Identify the barriers to adoption, Ensure the customers is using the solution, Work with the Account Manager to create a Quote.

Which statement best summarizes the intended outcome of the Success Plan?

A.development of a customer-centric view for achieving value from their portfolio

B.provide scheduling for resolving customer qual y issues

C.generate financial data that indicates a customer's propensity to renew

D.grow incremental annual recurring revenue

Which business benefit of on-time renewals on Cisco products and services is valid?

A.Acess to training programs and material

B.Rebates and discounts from Cisco

C.Ability to ensure that our TAC cases get priority over others

D.Exclusive relationship with the customer

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