Shared entities in the 11i eBusiness Suite allow the one-time definition of an object, and the use of that object across several products.
Shared entities are "owned" by a single product for table purposes only. It does not designate the primary user or decision maker.
The following information shows where the shared entity is usually first defined and with which applications it is shared. However, “ownership” of data is at the company’s discretion. For example, which business unit will be responsible for the supplier file? Payables or Purchasing? An exception is employee information if Human Resources is installed. Then, employee data can only be recorded in Human Resources.
What are shared entities in oracle 11i ebusiness suite 2012-01-19
What are shared entities in oracle 11i ebusiness suite