Use of Location in Manage Business Unit setup

Summary:

I would like to inquire what is the use of location field in Manage Business Unit setup. Where was this defaulted?

Thank you.

Content (please ensure you mask any confidential information):

Use of Location in manage Business Unit setup

Version (include the version you are using, if applicable):

23D (11.13.23.10.0)

Code Snippet (add any code snippets that support your topic, if applicable):