What is the purpose of managing a renewal pipeline?

To track the status of all upcoming renewals and prioritize actions

To eliminate the need for forecasting

To replace the need for customer engagement

To automate all renewal transactions

What is a common negotiation tactic for a Renewals Manager to close a renewal?

Ignoring the customer's objections

Offering a longer-term contract in exchange for a discount

Threatening to terminate the relationship

Refusing to discuss any changes to the contract

How can a Renewals Manager demonstrate value to a customer during the renewal discussion?

By offering a discount without being asked

By highlighting the cost of not renewing

By avoiding discussion of past issues

By referencing the customer's usage of support services and how it solved their issues

What is an example of a compliance requirement a Renewals Manager must follow?

Offering the same discount to every customer

Accurately recording all customer interactions and transactions

Sharing customer data with any internal team upon request

Avoiding all communication with customers

CiscoRenewals Manager

Domain 3Objective 2

3.2 Explain Renewals Manager Tasks 700-805 Practice Questions (Page 1)

Part of the Roles and Responsibilities domain, which accounts for 30% of the 700-805 exam. Cisco does not publish an official question count, but from its 90-minute exam (~35–60 total, ~11–18 in this domain), expect 3–5 from this objective — we provide 37 practice questions to prepare you well beyond it. (estimate)

37questions here

8free pages

10concepts

30%of the exam

Questions 1–5

1foundation · easy
What is the purpose of managing a renewal pipeline?
Select an answer first
2foundation · easy
What is a common negotiation tactic for a Renewals Manager to close a renewal?
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3foundation · easy
In which stage of the renewal lifecycle does the Renewals Manager first identify that a contract is approaching expiration?
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4foundation · easy
How can a Renewals Manager demonstrate value to a customer during the renewal discussion?
Select an answer first
5foundation · easy
What is an example of a compliance requirement a Renewals Manager must follow?
Select an answer first

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