Cisco 700-805 Practice Test - Questions Answers, Page 3

List of questions
Question 21

Which two actions can a partner or customer perform within CCW-R? (Choose two.)
set up billing
download hardware, software and services datasheets
change Customer Address
view and manage their contracts
order new services
According to the CCW-R User Guide5, some of the actions that a partner or customer can perform within CCW-R are:
Change Customer Address: This allows the user to update the customer address information for a quote or an order.
View and Manage their Contracts: This allows the user to view their contract details, status, expiration date, product coverage, etc., as well as request a quote or renew their contracts.
Question 22

How does Cisco define AT R?
Contracts/subscriptions that are available to renew.
ATR is the sum of RR and iARR, minus the attrition rate.
Any customer agreement where attrition has been an issue.
Contracts/subscriptions that have attrition terms revoked.
A) Contracts/subscriptions that are available to renew.
Comprehensive and Detailed Explanation: According to the Cisco website1, ATR stands for Available To Renew, which is defined as:
Contracts/subscriptions that are available to renew within a defined time period (usually 90, 180, or 365 days)
A key metric for measuring the renewal opportunity and performance
A report that shows the contract details, status, expiration date, product coverage, etc.
Question 23

Which three financial metrics are critical in renewing subscriptions? (Choose three.)
net new sales
annual re curing revenue
close rate
training costs
renewal rate
Question 24

What support should an RM take from the CSM?
Communicate new greenfield opportunities.
Communicate value and the impact of Cisco solutions.
Book customer-service briefings.
Oversee the closure of contracts.
Communicate value and the impact of Cisco solutions to the customer
Help the customer achieve their desired outcomes and realize the full potential of their investment
Provide feedback and insights on customer health, satisfaction, and adoption
Question 25

Which services are contained in the CX portfolio?
Support Services, Business Critical Services, Professional Services and Managed Services
Support Services, Business Critical Services and Professional Services
Support Services and Business Critical Services
Support Services, Business Critical Services, Professional Services, Managed Services, and Learning Services
CX portfolio consists of five service categories that cover the entire lifecycle of a technology:
Support Services: Provide technical support, software updates, and smart capabilities to help customers maintain network availability, security, and performance
Business Critical Services: Provide expert guidance, best practices, proactive support, and insights to help customers optimize their network performance, security, and availability
Professional Services: Provide consulting, design, implementation, integration, optimization, and migration services to help customers deploy and adopt Cisco solutions
Managed Services: Provide end-to-end management, monitoring, and operation of customer's network infrastructure and applications by Cisco or certified partners
Learning Services: Provide training, certification, and enablement programs to help customers develop their skills and capabilities on Cisco technologies
Question 26

Which strategy contributes to the successful renewal of service contracts?
Offer discounts.
Lock in revenue streams through co-termination.
Communicate product performance, pricing, and position.
Discount multi-year service agreements.
Question 27

Which of the Cisco Security product offerings focuses on identifying abnormal or suspicious network behaviors?
Meraki
Stealth watch
Tetration
App Dynamics
Stealthwatch is one of the Cisco Security product offerings that focuses on identifying abnormal or suspicious network behaviors, which can help customers with:
Detecting and responding to advanced threats across their network
Gaining visibility and control over their network traffic and activity
Improving their network performance, security, and compliance
Question 28

Which task is the responsibility of the Renewals Manager?
billing recurring revenue contracts
managing recurring revenue risk
driving adoption of specific technologies
managing the Success Plan
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
Question 29

Which action should a Renewals Manager take first?
Assign an RS to priority accounts
Meet and confirm the AM, CSS, CSM and their resources
Meet the customer and perform a renewals diagnosis
Download contract data and develop a renewals strategy
the first action that a Renewals Manager should take is to download contract data and develop a renewals strategy, which involves:
Using tools such as TPV, icebreaker, or CCW-R to access and analyze contract data
Segmenting contracts based on their size, complexity, expiration date, product coverage, etc.
Defining objectives, actions, timelines, and resources for each segment
Aligning with the account team on the renewals strategy and value proposition
Question 30

Which statement is the most accurate description of the Health Index?
a tool for service providers to determine what stage of the lifecycle to offering training solutions
an ongoing measurement of customer sentiment
a measurement tool for resolving specific product quality issues and adoption barriers
an ongoing measurement of several key customer health indicators
the Health Index is:
An ongoing measurement of several key customer health indicators, such as adoption, satisfaction, retention, and expansion
A tool that helps Cisco and partners monitor and improve customer outcomes and experiences
A score that ranges from 0 to 100, where higher scores indicate better health
Question