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Passing the Cisco 700-805 exam is a great way to demonstrate your knowledge and expertise in managing Cisco renewals. It can also help you advance your career by opening up new job opportunities and increasing your earning potential. Additionally, Cisco certification is recognized globally, so it can help you stand out in a competitive job market.
Cisco Renewals Manager exam is a comprehensive certification that evaluates the skills and knowledge of individuals who manage the renewals of Cisco products and services. 700-805 Exam is designed to test the ability of professionals to identify and manage licensing agreements, to understand the value proposition of Cisco products and services, and to engage with customers in a way that drives renewals. 700-805 exam is also designed to evaluate the ability of professionals to develop and execute strategies that drive customer engagement and renewals.
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To become a Cisco Renewals Manager, candidates must pass the 700-805 exam, which covers a range of topics related to Cisco contract management and renewal. These topics include understanding Cisco's licensing models, identifying customer needs and opportunities, managing contract renewals, and negotiating contract terms. 700-805 Exam also tests candidates' knowledge of Cisco's sales tools, processes, and best practices for managing customer relationships and driving revenue growth.
NEW QUESTION # 27
Which service offering helps define the IT vision and strategy of the customer?
Answer: C
Explanation:
According to the Cisco website1, advisory services from Cisco and their partners provide expert guidance and data-driven insights to help customers architect and optimize their IT environment. Advisory services can help customers with:
* IT strategy and planning
* Business and technology alignment
* IT governance and operating models
* IT transformation and innovation
* IT performance and optimization
References: 1: Services - Cisco
NEW QUESTION # 28
What is the ideal licensing option?
Answer: B
NEW QUESTION # 29
Which two outcomes drive the value of subscriptions for customers? (Choose two.)
Answer: A,B
NEW QUESTION # 30
Which success indicator for a Renewals Manager is valid?
Answer: C
Explanation:
A success indicator for a Renewals Manager that is valid is on-time renewal. On-time renewal measures the percentage of customers who renew their contracts with Cisco before or on the expiration date. On-time renewal reflects the Renewals Manager's ability to retain customers and revenue, as well as to increase customer satisfaction and loyalty. On-time renewal also reduces the risk of losing customers to competitors or alternative solutions. On-time renewal is calculated by dividing the number of customers who renew on time by the number of customers who are eligible to renew in a given period. On-time renewal is different from other metrics such as increased deployment of licenses, stabilized customer satisfaction scores, or new product introductions, which are not directly related to the Renewals Manager's role or performance.
NEW QUESTION # 31
Which licensing model is the most complex for a customer to manage?
Answer: A
Explanation:
La Carte licensing model is the most complex for a customer to manage because it requires the customer to purchase and activate individual licenses for each product and feature they want to use. This can result in a large number of licenses to track and renew, as well as compatibility issues between different products and versions. A La Carte licensing also does not provide the benefits of Cisco's Software Buying Programs, such as financial predictability, access to incentives, and subscription co-termination1.
NEW QUESTION # 32
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