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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 use the keyboard shortcut Ctrl + Z or click the back arrow in the toolbar, which is located under the Home tab. For redoing an action, the shortcut is Ctrl + Y, or you can click the right arrow button in the toolbar. The process is straightforward and aims to assist users in efficiently managing their typing actions. The presenter concludes by expressing anticipation for future tutorials.