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A business unit is a unit of an enterprise that performs one or many business functions that can be rolled up in a management hierarchy. A business unit can process transactions on behalf of many legal entities. Normally, it will have a manager, strategic objectives, a level of autonomy, and responsibility for its profit and loss.Reference data sharing is a feature within Oracle Fusion that enables you to group set-enabled reference data such as jobs or grades so that the data can be shared across different parts of the organization. Sets also enable you to filter reference data at the transaction level so that only data that has been assigned to certain sets is available to select. To filter reference data, Oracle Fusion Human Capital Management (HCM), applications use the business unit on the transaction. To set up reference data sharing in Oracle Fusion HCM, you create business units and sets, and then assign the sets to the business units. Chapters 00:00 - intro 00:07 - How to Define Business Units & Assign Reference Data Sets 22:01 - Watch Next Subscribe for more videos: / @triotechsoftwaretrainings For more Details: Contact us : +91 8179563510 Email: [email protected] Visit: https://triotechsoftwaretrainings.com Let's connect on social. Facebook : / oraclefusionhcmtrainings Instagram : / triotechsoftwaretraining Twitter : / triotechsoftwa2 Linked In : / triotech-software-trainings #triotech #oracle #oracleapplications #oraclehcm #oraclereading