Cisco 700-805 Online Practice Questions and Exam Preparation

Cisco 700-805 Online Questions & Answers

• Question 71:

  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
  B. managing recurring revenue risk

• Question 72:

  What is the ATR on a $10, 000 one year recuring revenue contract?

  A. $10,000
  B. 10% of $10,000
  C. $10,000 divided by 12
  D. $1,200
  A. $10,000

• Question 73:

  Which task must a Renewals Manager perform early in the renewal process?

  A. risk assessment
  B. risk mitigation
  C. terms negotiation
  D. review new opportunities
  A. risk assessment

• Question 74:

  What is the ideal licensing option?

  A. Standby License
  B. Smart License
  C. Classic PAK
  D. Right to Use
  B. Smart License

• Question 75:

  What is the future state goal of licensing at Cisco?

  A. Smart License
  B. Standby License
  C. Classic PAK
  D. Right to use
  A. Smart License

• Question 76:

  What should be the key driver for the Renewals Manager's decisions and recommendations during the Renewals process?

  A. pricing and contract negotiation
  B. upsell and cross-sell opportunities
  C. customer business requirements
  D. market and industry trends
  C. customer business requirements

• Question 77:

  How does the Renewals Manager integrate with the sales team?

  A. by overseeing all technical support issues
  B. by collaborating on customer retention and renewal strategies
  C. by directing the overall operations of the team
  D. by handling all financial transactions
  B. by collaborating on customer retention and renewal strategies

• Question 78:

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

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

• Question 79:

  Which approach should be applied when an opportunity is available to renew?

  A. product-led approach
  B. barriers-led approach
  C. solutions-led approach
  D. reward-led approach
  C. solutions-led approach

• Question 80:

  What are two key customer benefits from a Cisco Smart Account? (Choose two.)

  A. visibility into Cisco software licenses, entitlements, and users across the organization
  B. access to exclusive Cisco hardware discounts
  C. centralized management of software licenses and entitlements
  D. visibility into non-Cisco software licenses
  E. guaranteed increase in network speed and efficiency
  A. visibility into Cisco software licenses, entitlements, and users across the organization
  C. centralized management of software licenses and entitlements