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Valid 700-805 Exam Vce | 700-805 New Dumps

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Posted on: 01/15/25

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Cisco Renewals Manager Sample Questions (Q53-Q58):

NEW QUESTION # 53
What does iarr measure?

  • A. Our ability to expand upon existing customer value
  • B. Our ability to internally align renewable resources
  • C. Our ability to increase renewal rates through pricing controls
  • D. Our ability to monitor product utilization,and financial growth collectively

Answer: A


NEW QUESTION # 54
Which of the Cisco Security product offerings focuses on identifying abnormal or suspicious network behaviors?

  • A. Tetration
  • B. App Dynamics
  • C. Stealth watch
  • D. Meraki

Answer: C


NEW QUESTION # 55
How does the Lifecycle Advantage (LCA) program enhance the renewal process?

  • A. initiates renewal talks after service and software expiry
  • B. automates renewal notifications, initiates early conversations, and ensures consistency and personalization
  • C. standardizes renewals, removing all personalization
  • D. eliminates the need for renewals, focusing only on acquiring new customers

Answer: B


NEW QUESTION # 56
Which task is the responsibility of the Renewals Manager?

  • A. billing recurring revenue contracts
  • B. managing the Success Plan
  • C. driving adoption of specific technologies
  • D. managing recurring revenue risk

Answer: D

Explanation:
one of the tasks that is the responsibility of the Renewals Manager is to manage recurring revenue risk, which includes:
* Identifying and prioritizing renewal opportunities and challenges
* Developing and executing renewal strategies and plans
* Collaborating with other Cisco teams and partners to ensure customer satisfaction and retention
* Negotiating and closing renewal deals
References: 2: Cisco Renewals Manager - Cisco


NEW QUESTION # 57
Which two factors drive subscription value for customers?(Choose two)

  • A. Training access
  • B. Bunding of software and hardware
  • C. Up to date security protection
  • D. Continuous access to innovation
  • E. Freeware offers

Answer: C,D


NEW QUESTION # 58
......

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