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Renewal Managers OnBoarding Closing

Total questions: 39

Worksheet time: 20mins

Name
Class
Date
1.

Which are the most important tabs you should check with every renewal?

a)

EWS 360 & Quoting

b)

Forensics, Account Information, Account Reports, Account Teams

c)

Opportunity stage, Chatter and Activities

d)

Billing Contact and Email

2.

Which are the main KPIs for a Renewal Manager?

a)

Increase attrition, and reduce price and contract lenght

b)

X-selling and add-ons

c)

Forecast accuracy and increase off-cycle accuracy

d)

Increase renewal rate, pricing and contract lenght

3.

RMs should aim to deliver 6%-9% price increase?

a)

True

b)

False

4.

RMs work on silo from Sales and Customer Success teams to secure every renewal.

a)

True

b)

False

5.

A quote provides detailed product, pricing, billing, and payment information to a customer for review. 

a)

True

b)

False

6.

There are three steps in the Renewals Quoting process. 

a)

True

b)

False

7.

The Renewals Engagement Process has four phases.

a)

BizDef, Evaluation, Commitment, Preparation, Won

b)

Discovery, Align, Commit, Post-sale

c)

Initiate, Negotiate, Agreed, Pending, Closed

d)

On your marks, ready, go

8.

Where do you go to log a ticket?

a)

REWS Tickets

b)

Ask your managerTicketmaster

c)

Basecamp or Ask Astro

9.

You should always double-check prior billing information, close date, and pACV before quoting

a)

True

b)

False

10.

Which page would you need to be on to submit your Renewals quote for conversion?

a)

Account page

b)

Apptus Quote Review page

c)

Quote page in Org62

d)

Contract Selection page

11.

What is the Renewals timeline?

a)

60, 40 and 15 days prior to contract expire

b)

90, 60 and 45 days prior to contract expire

c)

120, 90 and 60 days prior to contract expire

d)

30, 20 and 15 days prior to contract expire

12.

At least, how many days in advance are we required to advise customers for upcoming price increase?

a)

90 days

b)

60 days

c)

30 days

d)

15 days

13.

Where does Kevin Grimley fell in love?

a)

At Salesforce office

b)

On the subway

c)

During a travel to Guadalajara

d)

At Britney Spears concert

14.

What are the Salesforce core values

a)

tell it like it is, stay curious, embrace differences and keep promises

b)

customer centric, bias for action and deliver results

c)

transparency, all-in, one team and scrappy

d)

trust, customer success, equality and sustainability

15.

What does MSA stands for?

a)

Master Subscription Agreement

b)

Master Service Appeal

c)

Main Server Addendum

d)

More Solutions Added

16.

Type of renewal that occur before the expiration date

a)

Off-cycle renewal

b)

On-cycle renewal

c)

Early renewal

d)

Late renewal

17.

Type of exemption used when quote is agreed but only missing signatures compromising ETA

a)

Escalation

b)

Off-cycle exemption

c)

30D contract length extension

d)

Renewal days override

18.

Is it possible for a customer to downgrade the Sales Cloud plan licensed

a)

True

b)

False

19.

Which Salesforce product we will be encountering most often at Renewals AMER scope

a)

Service Cloud

b)

Slack

c)

Marketing Cloud

d)

Sales Cloud

20.

What are the core Sales Cloud Product Families

a)

Engagements, Intelligence, Messaging

b)

Professional, Enterprise, Unlimited

c)

Service Suite, Order Management, Desk

d)

Quip, Slack

21.

What does V2MOM stands for

a)

Victorious, Ventilator, Mock, Opinion, Merit

b)

Visit, Velvet, Maths, Obsessed and Matrix

c)

Verified, Vacation, Magic, Ongoing, Map

d)

Vision, Values, Methods, Obstacles and Measures

22.

You want to get additional insights into how your customer has been using or adopting Salesforce

a)

Deal desk

b)

ROP

c)

Legal

d)

Account Executive

23.

You decide to reach out to Deal Desk to work on a pricing strategy for your customer. What is the best way to do that?

a)

Org62

b)

Slack

c)

Ask Astro

d)

DSR

24.

This oppty section is used to capture your renewal sentiment based on the forensics and forecast

a)

Swing field

b)

License Renewal Status

c)

Opportunity Stage

d)

Task

25.

You're doing forensics and want to check the customer's usage to identify risks. Where you can find that information?

a)

Compliance limits

b)

Account activity

c)

EWS 360 tab

d)

Opportunity stage

26.

You can access the Renewals Console from the App Launcher in Org62.

a)

True

b)

False

27.

You can quickly check on your key team players are on a renewal by using the Account Team tab in the Renewals Console.

a)

True

b)

False

28.

The Prior Renewal Recap tab provides an at-a-glance view of the number of 30DE provided on the prior renewal

a)

True

b)

False

29.

You discover new unexpected attrition during your forensics. Which field should you use to explain the attrition?

a)

Nest Step

b)

Forecast

c)

Opportunity Stage

d)

Swing

30.

During alignment phase you share findings, learn about the account, and strategize on how to mitigate any risk

a)

True

b)

False

31.

Every customer automatically received an journey notifications of their upcoming renewal.

a)

True

b)

False

32.

ABC would like to make changes to their contract at renewal. What's the process you'd use to document those changes?

a)

Create close plan

b)

Create quote

c)

Create renewal opportunity

d)

Create success request

33.

A customer wants to reduce their quantity by 15%. Based on the Reduction Pricing Policy will not incur a price increase

a)

True

b)

False

34.

Víctor Hiram has a tattoo which last stage ends with a Mexican animal representing his son

a)

Hummingbird

b)

Ocelot

c)

Jaguar

d)

Axolotl

35.

How many dots appear on a pair of dice?

a)

42

b)

6

c)

36

d)

21

36.

When does this image took place?

a)

Mexico 1968

b)

Tokyo 1964

c)

Melbourne 1956

d)

Munich 1972

37.

What´s the Gender Mix (M/F) of MX Renewals HUB

a)

30/70

b)

50/50

c)

70/30

d)

60/40

38.

Who´s lead singer of Moenia?

a)
Pedro Damián
b)
Alfonso Pichardo
c)
Miguel de la Barrera
d)
Juan Carlos Lozano
39.

Equality group which unites people with visible and invisible disabilities

a)

Boldforce

b)

Earthforce

c)

Outforce

d)

Abilityforce