Final answer:
The renewal wizard is typically used in two circumstances: when a software license needs to be renewed and when a subscription needs to be extended.
Step-by-step explanation:
The renewal wizard is typically used in two circumstances: when a software license needs to be renewed and when a subscription needs to be extended. The wizard guides users through the process and helps them complete the necessary steps for renewal or extension. For example, if a user has a subscription to an antivirus software that is expiring, they can use the renewal wizard to easily extend their subscription without the need to purchase a new license.