The document discusses run-time environments and how compilers support program execution through run-time environments. It covers:
1) The compiler cooperates with the OS and system software through a run-time environment to implement language abstractions during execution.
2) The run-time environment handles storage layout/allocation, variable access, procedure linkage, parameter passing and interfacing with the OS.
3) Memory is typically divided into code, static storage, heap and stack areas, with the stack and heap growing towards opposite ends of memory dynamically during execution.