The document provides an overview of the key features and functions in Microsoft Word 2007, including:
1) The three main features - Microsoft Office Button, Quick Access Toolbar, and Ribbon - contain many of the functions from previous versions of Word.
2) The Ribbon has seven tabs (Home, Insert, etc.) that contain groups of features to perform tasks when developing documents.
3) Formatting options allow customizing text features like font, style, size, color as well as paragraph alignment, indentation, borders and styles.