CISCO 700-805 Cisco Renewals Manager 10 25Oct2024 - Practice Quiz

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Question 1 of 30

In the context of future trends in renewals management, a company is considering implementing an AI-driven analytics platform to enhance customer retention strategies. The platform is expected to analyze customer behavior and predict renewal likelihood based on historical data. If the company has 1,000 customers and the platform predicts that 70% of them are likely to renew, how many customers does the company expect to renew? Additionally, if the company aims to increase this renewal rate by 10% through targeted marketing efforts, what will be the new expected number of renewals?

770 customers

800 customers

850 customers

900 customers

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