The Microsoft Office 2007 component--Word 2007--gives you the ability to make adjustments to how an image is displayed when you add it to a document. When you place a reference to an image--called an anchor--within a document, you can tell Word 2007 to allow the picture to move around in the document as you make changes to the text, or to have the picture retain its original position. If you have inserted an image with an anchor in a Word 2007 document, you can use the associated menu options to change these settings or remove the anchor entirely.
Right-click the image that you want to change the anchor settings for, and then click "Size and Position."
Click the "Text Wrapping" tab at the top of the window.
Select "In line with text," and then click "OK." Inline images do not have anchors, and this removes the anchor from the image completely. You can reading here, if you like. If you wanted to keep the anchor but change the associated settings, skip this step.
Click the "Position" tab at the top of the window.
Select the check box labelled "Move object with text" if you want the image to move whenever the associated anchor moves within the text.
Select the "Lock anchor" check box if you want the anchor for your image to stay in the same place when the layout of the text changes.
Click "OK" to save your changes.