Final answer:
OWD or Organization-Wide Defaults in Salesforce can be set to 'Public Read/Write/Transfer' for Case or Lead objects, giving users unrestricted access to view, edit, and transfer these records.
Step-by-step explanation:
The acronym OWD stands for Organization-Wide Defaults, which are settings in Salesforce that determine the baseline level of access users have to records they do not own. The OWD setting of "Public Read/Write/Transfer" specifically applies to the Case or Lead objects.
This setting means that all users in the organization can view, edit, and transfer ownership of Case or Lead records, regardless of who owns the record. Such permissions are important to consider when configuring an organization's data sharing model, particularly in environments where collaboration and data visibility are necessary for business processes.
In Salesforce, the Object can have the OWD (Organization-Wide Defaults) set to 'Public Read/Write/Transfer'. This means that all users in the organization can read, write, and transfer records of that object without any restrictions. This kind of OWD setting is typically used for objects that contain less sensitive information and where collaboration and sharing among users is important.