Cisco Renewals Manager Certification Exam 700-805 CRM Practice Questions

700-805 Cisco Renewals Manager certification exam is a hot Cisco exam, which is for a Cisco partner’s Renewals Manager to demonstrate their knowledge of the Customer Experience (CX) concepts and tools covered in the Renewals Manager curriculum learning map. To ensure candidates to complete Cisco 700-805 CRM exam successully, we have new 700-805 CRM practice questions with 50 Q&As. The experts have verified all Q&As and there is not a single question which is useless and by preparing with NS0-603 practice questions, one can easily get success. According to the feedback, Cisco 700-805 CRM questions will be helpful in getting idea to solve the Cisco Renewals Manager Certification Exam perfectly and correctly.

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1. Which strategy contributes to the successful renewal of service contracts?

offer discounts

communicate product performance, pricing, and position

lock in revenue streams through co-termination

discount multi-year service agreements

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2. when renewing a contract with a customer, which action is important?

start discussions once the contract has expired

propose only the most important part of the solution

validate customers business needs.

do not offer any financing solutions.

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

adoption scores which provide insight into how well customers are utilizing service and software they purchase

Trusted Data Source for Hardware Refresh and Software renewal insights help manage Discounts for Quoting

gain insight into new and unique business prospects for your customers and expand sales potential

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4. Which action should a Renewals manager take first?

meet and confirm the am, css, csm and their resources

meet the customer and perform a renewals diagnosis

assign an RS to priority accounts

download contract data and develop a renewals strategy

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5. Which statement best describes the success plan?

the blueprint for account teams to achieve customer success

a tool for reporting actions to management

a shareable document that captures all account activities

a document capturing a comprehensive view of all customer health scores

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6. Which critical task must be performed during the qualification phase?

renewal plan development

validate customer inventory

quote delivery

develop a success plan

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7. Which action can a renewals manager take to drive value in the account?

align partners on training

define the account forecast

manage and mitigate renewal risk

removing adoption barriers

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8. What is the Cisco definition of a Reusable Non-Standard Discount (RNSD)?

A discount applied to refurbished or reused Cisco hardware that includes service contracts.

A discount applied to Cisco products and/or service list pricing and for a continual or ongoing basis

A limited time discount applied to Cisco products and/or serices

A priority discount applied to third-party products for perpetuity.

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9. Which statement best describes an Ask the Expert session?

A 24-7 phone line providing expert advice

A pre-recorded webinar from an expert

A one on one coaching engagement covering specific use cases

A hosted educational webinar with live expert Q and A

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10. Which licensing model represents the highest value?

Pay as you go

Transactional

Enterprise Agreements

Subscription

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