Microsoft has introduced a feature to insert one program in another. We can insert a Power point presentation in Microsoft Word. It has been there from Office 2003 version.
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Since the 2007 version Microsoft has become more effective with the inclusion of XML scripts.
Word helps in performing our day to day word processing activities like writing emails, making documents etc.
There are different versions that comes with additional Microsoft programs like Visio,InfoPath and its designer,Share point etc.