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In this tutorial, the presenter explains how to undo and redo actions in Microsoft Word. To undo an action, you can either press Control + Z or click the back arrow in the toolbar, which is found under the Home tab. For redoing an action, you can use Control + Y or click the right arrow icon. The process is straightforward and aims to assist users in efficiently managing their edits in Word. The presenter concludes by expressing a desire to see viewers in the next tutorial.