What is the best option for sharing word documents on a microsoft network because it provides finer degrees of versioning controls than do the other options?

SharePoint Server

Explanation:

One drive you are not being provided with the opportunities like the versioning, check-outs and content approval. However, through SharePoint Server, you are being leveraged with all these features. Through versioning, you can update the document anytime, and also keep track of previous versions as well as the changes that you are making. Through content approval, you can ensure various members have approved permission privilege with them regarding the publication of the content.

Through checkout and check-ins the users can have control ob the new versions of the document as well as while the check-in the document, they can comment on the changes they have made.