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This video tutorial demonstrates how to share a Google Sheet with others, adjust permission settings, and determine edit access in Google Sheets. Sharing files in Google Sheets allows multiple users to collaborate on the same document, making it beneficial for businesses with several individuals working on a spreadsheet. The process involves clicking on the share button, entering the recipient's email address, composing a message, choosing permission settings such as viewer, commenter, or editor, and notifying the recipient if desired. This functionality is particularly useful for workplaces with numerous team members working on various tasks within the same spreadsheet.