Authentic Best resources for 700-805 Test Engine Practice Exam [Q20-Q35]

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[2021] 700-805 PDF Questions - Perfect Prospect To Go With 2Pass4sure Practice Exam

NEW QUESTION 20
How does Cisco define AT R?

  • A. Contracts/subscriptions that have attrition terms revoked.
  • B. Any customer agreement where attrition has been an issue.
  • C. ATR is the sum of RR and iARR, minus the attrition rate.
  • D. Contracts/subscriptions that are available to renew.

Answer: D

 

NEW QUESTION 21
What is the key implication on-time renewals have for an IT provider company?

  • A. no major impact if sales are on plan
  • B. incentives will be paid
  • C. recurring business is preserved
  • D. improved customer satisfaction

Answer: D

 

NEW QUESTION 22
Which statement best summarizes the intended outcome of the Success Plan?

  • A. grow incremental annual recurring revenue
  • B. provide scheduling for resolving customer qual y issues
  • C. generate financial data that indicates a customer's propensity to renew
  • D. development of a customer-centric view for achieving value from their portfolio

Answer: C

 

NEW QUESTION 23
What is the future state goal of licensing at Cisco?

  • A. Smart License
  • B. Right to use
  • C. Classic PAK
  • D. Standby License

Answer: A

 

NEW QUESTION 24
Which statement best describes an Ask the Expert session?

  • A. A pre-recorded webinar from an expert
  • B. A hosted educational webinar with live expert Q and A
  • C. A one on one coaching engagement covering specific use cases
  • D. A 24-7 phone line providing expert advice

Answer: C

 

NEW QUESTION 25
What does iARR measure?

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

Answer: A

 

NEW QUESTION 26
Which action should a Renewals Manager take first?

  • A. Download contract data and develop a renewals strategy
  • B. Assign an RS to priority accounts
  • C. Meet and confirm the AM, CSS, CSM and their resources
  • D. Meet the customer and perform a renewals diagnosis

Answer: A

 

NEW QUESTION 27
Which task is the responsibility of the Renewals Manager?

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

Answer: B

 

NEW QUESTION 28
What is the main purpose of CCW-R?

  • A. to allow customers and partner store new software subscriptions and service contracts from one tool
  • B. to capture partner and customer bill ng preferences
  • C. to factor customer ATR, up sell and attrition
  • D. to allow customers and partners to download renewal data

Answer: A

 

NEW QUESTION 29
Which statement is the most accurate description of the Health Index?

  • A. an ongoing measurement of customer sentiment
  • B. a tool for service providers to determine what stage of the lifecycle to offering training solutions
  • C. an ongoing measurement of several key customer health indicators
  • D. a measurement tool for resolving specific product quality issues and adoption barriers

Answer: C

 

NEW QUESTION 30
Customer A purchased a one-year WebEx contract of 100 seats at $10 per seat. Customer B purchases a three-year WebEx contract of 100 seats at $10 per seat.
What is the annual recurring revenue (ARR) for each?

  • A. $3000 and $3000
  • B. $1100 and $3300
  • C. $1000 and $1000
  • D. $1000 and $3000

Answer: D

 

NEW QUESTION 31
When renewing a contract with a customer, which action is important?

  • A. Propose only the most important part of the solution.
  • B. Validate customers business needs.
  • C. Do not offer any financing solutions.
  • D. Start discussions once the contract has expired.

Answer: A

 

NEW QUESTION 32
Which of the Cisco Security product offerings focuses on identifying abnormal or suspicious network behaviors?

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

Answer: A

 

NEW QUESTION 33
Which statement regarding which tools can be added as value to customer and partners is invalid?

  • A. Trusted Data Source for Hardware Refresh and Software renewal insights
  • B. Adopt on Scores which provide insight into how well customers are utilizing service and software they purchase
  • C. help manage Discounts for Quoting
  • D. gain insight into new and unique business prospects for your customers and expand sales potential

Answer: C

 

NEW QUESTION 34
Which critical task must be performed during the Qualification phase?

  • A. develop a Success Plan
  • B. Renewal Plan development
  • C. validate customer inventory
  • D. quote delivery

Answer: C

 

NEW QUESTION 35
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