This document discusses signal transduction pathways, which allow cells to respond to extracellular signals. There are two main advantages to multi-step signal transduction pathways over single-step pathways: 1) a small number of signal molecules can produce widespread cellular responses, and 2) multi-step pathways provide more opportunities for coordination and regulation. Common events in signal transduction include phosphorylation, where protein kinases transfer phosphate groups to activate proteins, and the use of second messengers like cyclic AMP and calcium ions to amplify the signal and trigger downstream responses.