Selecting Copy will copy the selected object(s) (text, logo, loop, vector, etc.) from the layout and places it into the Clipboard, leaving the original intact and erasing the previous Clipboard contents.

Use Paste to place the copied image in the same layout, another layout, or another application. You can also select this command by double clicking and holding down the mouse button, as you hold down the button move the cursor to the word Copy and release the button.