Cisco Renewals Manager Demo Questions
Here you can find Cisco Renewals Manager exam sample questions which will help you to prepare for your upcoming certification test. These questions will give you an idea of what to expect on the exam and help you review the 700-805 CRM study material. Be sure to go over the Free 700-805 CRM questions multiple times so that you are confident and comfortable with the material. You can always go to the full 700-805 CRM dumps here.
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These Cisco Renewals Manager questions cover the material that will be on the test, and provide an opportunity for students to practice their skills. The questions are designed to be similar to those that will be on the actual Cisco Renewals Manager exam, so that students can get a feel for what they will be facing. We believe that by providing these demo questions, students will be better prepared and more likely to succeed on their exams.
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Cisco Renewals Manager Sample Questions:
1. Which case represents a risk of renewal where a mitigation analysis will help obtain a more desired outcome?
A. The adoption rate is 50% under the expected level and the plan is six months before the expiration date.
B. There are no open incidents 30 days before renewal dates.
C. Customer is willing to subscribe to a recommendation case to be publicly communicated.
D. The health index of a customer is over expected targets with no red flags.
2. What does TPV mean?
A. Total Product Value
B. Total Partner View
C. Telepresence Value
D. Total Partner Value
3. When renewing a contract with a customer, which action is important?
A. Start discussions once the contract has expired.
B. Validate customers business needs.
C. Do not offer any financing solutions.
D. Propose only the most important part of the solution.
4. 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
5. Which steps to develop a renewal quote are valid?
A. Identify the barriers to adoption, Ensure the customers is using the solution, Work with the Account Manager to create a Quote.
B. Identify the Item store new, Verify the Discounts, Confirm the Shipping address, Verify the Billing entity.
C. Ask the customer for Renewal data, Evaluate new requirement, Quote new services.
D. Position the new technology, create a Quote, Order the Quote.
6. Which two actions can a partner or customer perform within CCW-R? (Choose two.)
A. set up billing
B. download hardware, software and services datasheets
C. change Customer Address
D. view and manage their contracts
E. order new services
7. Which strategy for successful renewal of service contracts calls for discussing changes in the network and identifying any uncovered add tons to the network?
A. validate the customer's business needs
B. focus on benefits
C. lock in revenue streams through co-termination
D. explore up sell opportunities
8. Which service offering assists the customer in preparing for emerging industry trends?
B. Trending Technical
9. What is the Cisco definition of a Reusable Non-Standard Discount (RNSD)?
A. A discount applied to Cisco products and/or service list pricing and for a continual or ongoing basis.
B. A limited time discount applied to Cisco products and/or services.
C. A priority discount applied to third-party products for perpetuity.
D. A discount applied to refurbished or reused Cisco hardware that includes service contracts.
10. Which task should a Renewals Manager perform during the Prospect phase?
A. Risk Assessment
B. Risk Mitigation
C. Review new opportunities
D. Terms negotiation