Answer :

Shared workbooks enable multiple users to access and edit a document simultaneously, track changes with colour-coded edits, and view revision history. They improve efficiency, promote transparency, and foster collaborative learning.

The benefits of using a shared workbook in applications like Microsoft Excel or Goo-gle Docs are significant for collaborative work. Shared workbooks allow multiple users to access the workbook simultaneously, contributing to a more efficient team workflow. This feature enhances productivity as team members can work on different parts of the workbook at the same time, leading to quicker completion of tasks.

Another key advantage is the ability to track changes made by different users. This is often highlighted and colour-coded to indicate who made specific edits. Additionally, a revision history is maintained, making it easy to review past versions and understand the progression of the document. This sharing is invaluable for ensuring transparency and accountability within a team.

Lastly, sharing facilitates better communication among team members and can lead to innovative solutions by combining diverse contributions. The process allows for pooling of expertise and knowledge which can result in a more thorough and accurate final product. Working together in a shared workbook can also increase learning opportunities through peer collaboration.