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CRM Dynamics 2016 about lookup , option set and business units

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Hi ,

Can anyone let me know why lookup is preferred then option set or is there any criteria that we have to use look only or option set for eg if there is list of countries I have used look up but the same can be used in option set so what is the difference ? when we should take a decision to use look up or option set ?

2. In a option set there are two values Male an Female and one of the value gets deleted by mistake, will effect the previous records also .

3. Can any one explain about Business units.

can send a mail on sunilgowda4344@gmail.com

Thanks in advance,

Regards,

Sunil.


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