Since 2007 there are many changes in the Microsoft Office Package. The Ribbon View has made the things easier to use it once we customize it. Office 2010 has improvised the view and changed the look of the entire office programs.
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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.