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Cisco 700-805 Exam Actual Tests - 700-805 Latest Exam Forum

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Cisco 700-805 certification exam is ideal for individuals who work in sales or customer service roles, dealing with Cisco products and services. It is also suitable for professionals who work in IT procurement, contract management, and financial management. Cisco Renewals Manager certification exam is an excellent way to demonstrate that you have the skills and knowledge required to manage the renewal process effectively, which is essential for maintaining customer satisfaction and maximizing revenue for the organization. Passing 700-805 Exam can enhance your career prospects and open up new opportunities in the field of Cisco product and service management.

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700-805 Latest Exam Forum | 700-805 Reliable Test Duration

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Cisco Renewals Manager Sample Questions (Q47-Q52):

NEW QUESTION # 47
How does Cisco define AT R?

A. Contracts/subscriptions that are available to renew.
B. ATR is the sum of RR and iARR, minus the attrition rate.
C. Any customer agreement where attrition has been an issue.
D. Contracts/subscriptions that have attrition terms revoked.

Answer: A

Explanation:
A) Contracts/subscriptions that are available to renew.
Comprehensive and Detailed Explanation: According to the Cisco website1, ATR stands for Available To Renew, which is defined as:
Contracts/subscriptions that are available to renew within a defined time period (usually 90, 180, or 365 days) A key metric for measuring the renewal opportunity and performance A report that shows the contract details, status, expiration date, product coverage, etc.

NEW QUESTION # 48
Which statement best summarizes the intended outcome of the Success Plan?

A. generate financial data that indicates a customer's propensity to renew
B. development of a customer-centric view for achieving value from their portfolio
C. grow incremental annual recurring revenue
D. provide scheduling for resolving customer qual y issues

Answer: A

NEW QUESTION # 49
When renewing a contract with a customer,which action is important?

A. Validate customers business needs.
B. Propose only the most important part of the solution
C. Do not offer any financing solutions.
D. Start discussions once the contract has expired

Answer: A

NEW QUESTION # 50
Which is the first step in a solutions-led sales approach?

A. understand the customer's objectives
B. examine previous purchases
C. present quote to customer
D. identify the latest technology release

Answer: A

Explanation:
a solutions-led sales approach is:
* A sales methodology that focuses on understanding the customer's business needs, challenges, and objectives
* A consultative process that involves discovering, proposing, validating, and closing solutions that deliver value and outcomes for the customer
* A way of differentiating Cisco and partners from competitors by offering integrated solutions that leverage Cisco's portfolio and expertise
* The first step in a solutions-led sales approach is to understand the customer's objectives, which includes:
* Asking open-ended questions to uncover the customer's pain points, goals, and priorities
* Listening actively and empathetically to the customer's responses
* Confirming and summarizing the customer's objectives and expectations References: 2: Solutions-Led Sales Approach - Cisco

NEW QUESTION # 51
Which event begins the Renewal process?

A. notification of contract expiration
B. upsell recommendation
C. contract negotiation
D. implementation of software

Answer: A

NEW QUESTION # 52
......

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Sid Gray Sid Gray

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