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In this video, the tutorial demonstrates how to use the "Find and Replace" feature in Microsoft Word. This function is particularly useful for updating template documents where specific words or phrases need to be replaced throughout the text. The example provided focuses on an employee handbook template containing a placeholder for the company name, which is formatted in bold and brackets. To replace this placeholder, the presenter copies the text (including the brackets) and navigates to the editing area on the home ribbon, where they click on "Replace." They then paste the copied text but notice an extra space was included, prompting them to use the backspace key to remove it before proceeding.
