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700-805 Exam Dumps - Cisco Specialist Questions and Answers

Question # 14

Which statement best summarizes the intended outcome of the Success Plan?

Options:

A.

development of a customer-centric view for achieving value from their portfolio

B.

provide scheduling for resolving customer qual y issues

C.

generate financial data that indicates a customer's propensity to renew

D.

grow incremental annual recurring revenue

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Question # 15

An important Cisco customer has a large number of individual licenses for Cisco One in Enterprise Networking and engages many Webex users. The customer has expressed the intention to grow both groups and needs a compelling and simplified proposal.

Which Cisco offer represents the best value for the customer?

Options:

A.

Propose to migrate to perpetual model.

B.

Suggest as implied discount DSA with the total of licenses from each product Cisco One and Webex.

C.

Ask Cisco team to engage into a Smart Account or Enterprise Agreement and propose a creation of a Customer Success Plan.

D.

Prepare a Partner Branded Managed Service deal.

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Question # 16

What is a cross-sell opportunity?

Options:

A.

a sales technique offering suggestions for additional products or services to complement the customer's purchase

B.

a sales strategy aimed at encouraging customers to buy the highest-priced product on offer

C.

an approach centered around selling products that are not related to the customer's interests

D.

a method involving the promotion of discounted software and services during a specific season

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Question # 17

Which task is the responsibility of the Renewals Manager?

Options:

A.

billing recurring revenue contracts

B.

managing recurring revenue risk

C.

driving adoption of specific technologies

D.

managing the Success Plan

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Question # 18

How does the Lifecycle Advantage (LCA) program enhance the renewal process?

Options:

A.

automates renewal notifications, initiates early conversations, and ensures consistency and personalization

B.

standardizes renewals, removing all personalization

C.

initiates renewal talks after service and software expiry

D.

eliminates the need for renewals, focusing only on acquiring new customers

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Question # 19

What are Cisco’s four steps to higher renewals?

Options:

A.

Investigate, Diversity, Personalize, Initiate a strategy

B.

Analyze, Implement, Regulate, Maintain consistency

C.

Align, Simplify, Automate, Build a practice

D.

Plan, Streamline, Digitize, Establish routine

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Question # 20

Which statement is the most accurate description of the Health Index?

Options:

A.

a tool for service providers to determine what stage of the lifecycle to offering training solutions

B.

an ongoing measurement of customer sentiment

C.

a measurement tool for resolving specific product quality issues and adoption barriers

D.

an ongoing measurement of several key customer health indicators

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Question # 21

Which event begins the Renewal process?

Options:

A.

upsell recommendation

B.

notification of contract expiration

C.

implementation of software

D.

contract negotiation

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Question # 22

Which area of the Success Plan is the Renewal Manager responsible?

Options:

A.

Barriers Predicted

B.

Solution Renewal

C.

Adoption Barriers Overcome

D.

Success Plan Hypothesis

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Question # 23

Which approach? (Choose the best answer.)

Options:

A.

Solutions-led approach

B.

Product-led approach

C.

Reward-led approach

D.

Concerns-led approach

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Exam Code: 700-805
Exam Name: Cisco Renewals Manager (700-805 CRM)
Last Update: Apr 1, 2025
Questions: 99
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