Pasting a picture of something captured off the screen into Word or other programs by the techniques given in Tip 2 yields an image in raster form.  Inherent limitations of raster images (i.e. pixelation) can be overcome by capturing and pasting vector-based objects (e.g. maps of shapefiles and coverages, and graphs of attributes) in vector format by doing the following:
 

• With the map or graph visible in the Layout View of ArcMap, right click and select "Copy".
• To paste into Word, open a Word document and place the cursor where the object will be inserted. From the Word Edit menu select "Paste Special", highlight "Picture (Enhanced Metafile)" (as shown below). click OK.

• To paste into Excel or PowerPoint, there is no Paste Special option; simple "Paste" from the Edit menu or use Ctrl V.
• Note that the entire selected area in the Layout View, including white space, is copied and pasted.  Also, if more than one object is present, e.g. a map and scale bar, then both must be selected before copying if both are to be pasted in at the same time.

Note that vector-based graphics are best "Exported" from Layouts as .emf format if they are for use in Microsoft software.  Exporting a Layout to PDF format works exceptionally well for stand-alone maps.  This provides perhaps the best permanent way to preserve ArcMap Layouts.