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This video tutorial introduces the use of the keyboard shortcut Ctrl e as an alternative to using Excel formulas, specifically for combining first and last names. By typing out the first name once and then using Ctrl e, the names can be quickly combined without the need for a formula. This shortcut can also be used in various other situations, such as separating last names and first names in Excel reporting. By using Ctrl e, users can streamline their Excel tasks and increase productivity.