Actions include the following:
Add an object.
Delete an object.
Create an object shortcut.

In the BI platform, you can add objects to a folder in the repository. Once on object such as report exists in the repository, it can be copied, moved, deleted, and you can create shortcuts.
Shortcuts are useful for giving a user access to an object within a folder, without giving that user access to other folder's objects.
When you delete an object, that object is moved to the BI Recycle Bin. You can restore the deleted object from the Recycle Bin in the BI Launch Pad or CMC.