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

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Which two actions can a partner or customer perform within CCW-R? (Choose two.)

A.

set up billing

A.

set up billing

Answers
B.

download hardware, software and services datasheets

B.

download hardware, software and services datasheets

Answers
C.

change Customer Address

C.

change Customer Address

Answers
D.

view and manage their contracts

D.

view and manage their contracts

Answers
E.

order new services

E.

order new services

Answers
Suggested answer: C, D

Explanation:

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.

How does Cisco define AT R?

A.

Contracts/subscriptions that are available to renew.

A.

Contracts/subscriptions that are available to renew.

Answers
B.

ATR is the sum of RR and iARR, minus the attrition rate.

B.

ATR is the sum of RR and iARR, minus the attrition rate.

Answers
C.

Any customer agreement where attrition has been an issue.

C.

Any customer agreement where attrition has been an issue.

Answers
D.

Contracts/subscriptions that have attrition terms revoked.

D.

Contracts/subscriptions that have attrition terms revoked.

Answers
Suggested answer: A

Explanation:

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.

Which three financial metrics are critical in renewing subscriptions? (Choose three.)

A.

net new sales

A.

net new sales

Answers
B.

annual re curing revenue

B.

annual re curing revenue

Answers
C.

close rate

C.

close rate

Answers
D.

training costs

D.

training costs

Answers
E.

renewal rate

E.

renewal rate

Answers
Suggested answer: B, D, E

What support should an RM take from the CSM?

A.

Communicate new greenfield opportunities.

A.

Communicate new greenfield opportunities.

Answers
B.

Communicate value and the impact of Cisco solutions.

B.

Communicate value and the impact of Cisco solutions.

Answers
C.

Book customer-service briefings.

C.

Book customer-service briefings.

Answers
D.

Oversee the closure of contracts.

D.

Oversee the closure of contracts.

Answers
Suggested answer: B

Explanation:

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

Which services are contained in the CX portfolio?

A.

Support Services, Business Critical Services, Professional Services and Managed Services

A.

Support Services, Business Critical Services, Professional Services and Managed Services

Answers
B.

Support Services, Business Critical Services and Professional Services

B.

Support Services, Business Critical Services and Professional Services

Answers
C.

Support Services and Business Critical Services

C.

Support Services and Business Critical Services

Answers
D.

Support Services, Business Critical Services, Professional Services, Managed Services, and Learning Services

D.

Support Services, Business Critical Services, Professional Services, Managed Services, and Learning Services

Answers
Suggested answer: D

Explanation:

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

Which strategy contributes to the successful renewal of service contracts?

A.

Offer discounts.

A.

Offer discounts.

Answers
B.

Lock in revenue streams through co-termination.

B.

Lock in revenue streams through co-termination.

Answers
C.

Communicate product performance, pricing, and position.

C.

Communicate product performance, pricing, and position.

Answers
D.

Discount multi-year service agreements.

D.

Discount multi-year service agreements.

Answers
Suggested answer: C

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

A.

Meraki

A.

Meraki

Answers
B.

Stealth watch

B.

Stealth watch

Answers
C.

Tetration

C.

Tetration

Answers
D.

App Dynamics

D.

App Dynamics

Answers
Suggested answer: B

Explanation:

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

Which task is the responsibility of the Renewals Manager?

A.

billing recurring revenue contracts

A.

billing recurring revenue contracts

Answers
B.

managing recurring revenue risk

B.

managing recurring revenue risk

Answers
C.

driving adoption of specific technologies

C.

driving adoption of specific technologies

Answers
D.

managing the Success Plan

D.

managing the Success Plan

Answers
Suggested answer: B

Explanation:

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

Which action should a Renewals Manager take first?

A.

Assign an RS to priority accounts

A.

Assign an RS to priority accounts

Answers
B.

Meet and confirm the AM, CSS, CSM and their resources

B.

Meet and confirm the AM, CSS, CSM and their resources

Answers
C.

Meet the customer and perform a renewals diagnosis

C.

Meet the customer and perform a renewals diagnosis

Answers
D.

Download contract data and develop a renewals strategy

D.

Download contract data and develop a renewals strategy

Answers
Suggested answer: D

Explanation:

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

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

A.

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

A.

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

Answers
B.

an ongoing measurement of customer sentiment

B.

an ongoing measurement of customer sentiment

Answers
C.

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

C.

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

Answers
D.

an ongoing measurement of several key customer health indicators

D.

an ongoing measurement of several key customer health indicators

Answers
Suggested answer: D

Explanation:

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

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